(Des Moines) Gasoline prices in Iowa edged up slightly this week, while diesel prices declined, according to the latest weekly fuel report from AAA.
As of Wednesday, October 28th, regular unleaded gasoline averaged $4.14 per gallon across Iowa, up one cent from last week. The statewide average is $1.33 higher than it was a year ago.
The national average for regular gasoline was $4.25 per gallon, down one cent from the previous week.
Iowa diesel prices fell three cents this week to an average of $6.14 per gallon. That is 21 cents below the national average of $6.35. However, diesel prices have risen significantly from a year ago, when Iowa’s average was $3.54 per gallon.
Crude oil prices also increased this week. West Texas Intermediate crude rose $4.62 per barrel to $102.42, while Brent crude climbed $6.40 to $115.64 per barrel. At this time last year, West Texas Intermediate crude was priced at $60.97 per barrel, and Brent crude was $64.03.
Heating fuel prices are also higher than a year ago. Iowa propane averaged $1.74 per gallon, compared to $1.52 last year. Home heating oil averaged $5.74 per gallon statewide, up from $2.96 a year ago.
Natural gas prices increased 22 cents at the Henry Hub reporting site to $3.05 per million British thermal units.
