(Des Moines) According to AAA, the price of regular unleaded gasoline fell two cents, averaging $2.95 across Iowa. This is four cents higher than one year ago. The national average on Wednesday was $3.15, up two cents from last week’s price,
Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.45. One year ago, diesel prices averaged $3.78 in Iowa. The current Iowa diesel price is 22 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 rose this week on the West Texas Intermediate (WTI) by $1.08 per barrel over last week, currently priced at $72.25. Brent crude oil rose by $1.34 and is currently priced at $76.02. One year ago, WTI crude sold for $77.34 and Brent crude was $83.88.
Natural gas prices were up $.26 at the Henry Hub reporting site and are currently priced at $3.54/MMbtu. Propane prices averaged $1.67 per gallon in Iowa. Home heating oil prices had a statewide average of $3.02 per gallon.
