The price of regular unleaded gasoline rose 11 cents, averaging $3.33 across Iowa according to AAA.
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.73 per barrel, currently priced at $81.01.
Brent crude oil fell $.49 and is currently priced at $86.78.
One year ago, WTI crude sold for $85.60 and Brent crude was at $89.49.
As of Wednesday, the price of regular unleaded gasoline averaged $3.33 across Iowa according to AAA. Prices rose 11 cents from last week's price and 18 cents higher than one year ago. The national average on Wednesday was $3.48, up 12 cents from last week's price.
Retail diesel prices in Iowa were up 9 cents this week with a statewide average of $4.30. One year ago, diesel prices averaged $3.48 in Iowa. The current Iowa diesel price is 36 cents less than the national average of $4.66.
Wholesale ethanol held steady and is currently priced at $2.16.
The current Des Moines Terminal/Rack Prices are $2.58 for U87-E10, $2.96 for Unleaded 87 (clear), $3.28 for ULSD#2, $4.01 for ULSD#1, and $2.42 per gallon for E-70 prices.
Propane prices were steady with a statewide average of $1.94 per gallon.
Home heating oil prices rose 17 cents, with a statewide average of $3.77 per gallon.
Natural gas prices fell $.41 at the Henry Hub reporting site and are currently priced at $2.96/MMbtu
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
Categories: Iowa, Energy