(Des Moines) According to AAA, the price of regular unleaded gasoline fell one cent, averaging $2.76 across Iowa. This is five cents lower than one year ago. The national average was $3.04, steady from last week’s price.
Retail diesel prices in Iowa fell one cent this week to a statewide average of $3.28. One year ago, the average was $3.68. The current Iowa diesel price is 23 cents lower than the national average of $3.51.
Wholesale ethanol held steady and is currently priced at $2.16.
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.44 per barrel over last week, currently priced at $71.62. Brent crude oil rose by $.97 and is currently priced at $74.58. WTI crude sold for $71.89 one year ago, and Brent crude was $77.69.
Natural gas prices were up $.23 at the Henry Hub reporting site and are currently priced at $3.70.
Propane prices averaged $1.56 per gallon in Iowa.
Home heating oil prices had a statewide average of $2.89 per gallon.
