(Des Moines) Gas prices in Iowa ticked up slightly this week, with regular unleaded increasing by 1 cent to an average of $3.65 per gallon, according to AAA.
Global crude oil prices showed mixed movement. West Texas Intermediate (WTI) crude dropped $2.65 per barrel to $92.29, while Brent crude rose 65 cents to $95.16. For comparison, one year ago, WTI stood at $61.74 and Brent at $66.58.
As of Wednesday, Iowa’s average gas price sits at $3.65 per gallon, up 1 cent from last week and 66 cents higher than a year ago. The national average is $4.11, down 5 cents from the previous week.
Diesel prices in Iowa declined by 3 cents, bringing the statewide average to $5.07 per gallon. That’s significantly higher than last year’s average of $3.36, but still 57 cents below the current national average of $5.64.
At the Des Moines terminal, current rack prices are:
- $2.61 for U87-E10
- $3.01 for Unleaded 87 (clear)
- $3.64 for ULSD #2
- $3.77 for ULSD #1
- $2.31 per gallon for E-70
Natural gas prices fell by 13 cents this week at the Henry Hub benchmark, now sitting at $2.61 per MMBtu. Retail heating oil and propane prices for Iowa will resume reporting in October.
Consumers looking to cut energy costs can find tips for saving fuel both on the road and at home at energy.gov and fueleconomy.gov.
