(Des Moines) According to AAA, the price of regular unleaded gasoline rose six cents this past week to an average of $2.95 across Iowa. This is 19 cents higher than one year ago. The national average on Wednesday was $3.12, down one cent from last week’s price.
Retail diesel prices in Iowa fell 2 cents this week, with a statewide average of $3.42. One year ago, diesel prices averaged $3.57 in Iowa.
The current Iowa diesel price is 25 cents lower than the national average of $3.67.
Wholesale ethanol held steady and is currently priced at $2.16.
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.26 per barrel over last week, currently priced at $73.29. Brent crude oil fell by $1.95 and is currently priced at $77.13. One year ago, WTI crude sold for $77.25 and Brent crude was $83.99.
Natural gas prices were down $.77 at the Henry Hub reporting site and are currently priced at $3.12/MMbtu.
Propane prices averaged $1.68 per gallon in Iowa.
Home heating oil prices had a statewide average of $3.03 per gallon.
