(Des Moines) The price of regular unleaded gasoline fell 14 cents from last week’s price and is currently averaging $3.51 across Iowa, according to AAA.
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $0.27 per barrel, and is currently priced at $92.56. Brent crude oil rose by $6.26 and is currently priced at $101.42. One year ago, WTI crude sold for $64.60, and Brent crude was $68.93.
As of Wednesday, the price of regular unleaded gasoline averaged $3.51 across Iowa, according to AAA. Prices fell 14 cents from last week’s price and are up 55 cents from a year ago. The national average on Wednesday was $4.02, down 9 cents from last week’s price.
Retail diesel prices in Iowa fell 16 cents this week, with a statewide average of $4.91. One year ago, diesel prices averaged $3.37 in Iowa. The current Iowa diesel price is 58 cents lower than the national average of $5.49.
Natural gas prices were up 10 cents at the Henry Hub reporting site and are currently $2.71/MMBtu.
