(Des Moines, IA) Iowa gasoline prices fell 7 cents over the past week, with regular unleaded averaging $4.13 per gallon statewide, according to AAA’s October 21 report.
The Iowa average is $1.45 higher than a year ago. The national average also dropped 7 cents over the past week to $4.26 per gallon.
Diesel prices moved higher in Iowa, rising 10 cents this week to an average of $6.17 per gallon. That compares to $3.41 per gallon one year ago. Iowa’s current diesel average is 15 cents below the national average of $6.32.
Crude oil prices also increased over the past week. West Texas Intermediate crude rose $2.84 to $97.80 per barrel, while Brent crude climbed $3.56 to $109.24. One year ago, West Texas Intermediate crude was priced at $58.66 per barrel, and Brent crude was $61.
Heating fuel costs remain higher than last year. Iowa propane prices averaged $1.71 per gallon, up from $1.52 a year ago. Home heating oil averaged $5.79 per gallon statewide, compared to $2.96 at the same time last year.
Natural gas prices declined 36 cents at the Henry Hub reporting site, reaching $2.83 per million British thermal units.
