(Des Moines) The average price of gasoline rose .09 cents across Iowa.
According to AAA, as of Wednesday, the price of regular unleaded gasoline averaged $2.74 across Iowa. Prices were up 9 cents from last week’s price and 47 cents higher than one year ago. The national average on Wednesday was $2.74, up 8 cents from last week’s price.
Retail diesel prices in Iowa rose 11 cents this week, with a statewide average of $2.95. One year ago, diesel prices averaged $2.64 in Iowa. The current Iowa diesel price is 1 cent less than the national average of $2.96. Wholesale ethanol rose 9 cents and is currently priced at $1.78. The current Des Moines Terminal/Rack Prices are $1.95 for U87-E10, $2.22 for Unleaded 87 (clear), $2.15 for ULSD#2, $2.40 for ULSD#1, and $1.91 per gallon for E-70 prices.
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $1.20 per barrel over last week, currently priced at $61.80. Brent crude oil fell $2.50 and is currently priced at $64.45. One year ago, WTI crude sold for $47.18, and Brent crude was at $52.24.
Propane prices fell 12 cents with a statewide average of $1.99 per gallon. Home heating oil rose 17 cents from last week, ending with a statewide average of $2.54 per gallon. Natural gas prices fell 1 cent at the Henry Hub reporting site and are currently priced at $2.83/MMBtu.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
