The price of regular unleaded gasoline fell 3 cents, averaging $3.26 across Iowa according to AAA.
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.10 per barrel and is currently priced at $78.11.
Brent crude oil fell $.02 and is currently priced at $84.66.
One year ago, WTI crude sold for $92.07 and Brent crude was at $98.43.
As of Wednesday, the price of regular unleaded gasoline averaged $3.26 across Iowa according to AAA. Prices fell 3 cents from last week's price and are 5 cents lower than one year ago. The national average on Wednesday was $3.42, down 3 cents from last week's price.
Retail diesel prices in Iowa were down 7 cents this week with a statewide average of $4.14. One year ago, diesel prices averaged $3.69 in Iowa. The current Iowa diesel price is 40 cents less than the national average of $4.54.
Wholesale ethanol held steady and is currently priced at $2.16.
The current Des Moines Terminal/Rack Prices are $2.41 for U87-E10, $2.74 for Unleaded 87 (clear), $2.99 for ULSD#2, $3.54 for ULSD#1, and $2.36 per gallon for E-70 prices.
Propane prices were steady with a statewide average of $1.94 per gallon.
Home heating oil prices fell 4 cents, with a statewide average of $3.53 per gallon.
Natural gas prices rose 8 cents at the Henry Hub reporting site and are currently priced at $2.52/MMbtu.
Tips for saving energy on the road or at home are available at energy.gov and https://fueleconomy.gov/.
Categories: Iowa, Energy