DES MOINES, Iowa—The weekly fuel summary from the Iowa Department of Agriculture and Land Stewardship shows another increase in the price of gasoline. The price of regular unleaded gasoline rose 6 cents, averaging $3.69 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $5.88 per barrel over last week, currently priced at $88.10.
- Brent crude oil rose $4.32 and currently priced at $93.71.
- One year ago, WTI crude sold for $78.93 and Brent crude was at $82.72.
Motor Fuels
- As of Wednesday, October 5, the price of regular unleaded gasoline averaged $3.69 across Iowa according to AAA.
- Prices rose 6 cents from last week’s price and $.67 higher than one year ago.
- The national average on Wednesday was $3.83 up 6 cents from last week’s price.
- Retail diesel prices in Iowa were down 3 cents this week with a statewide average of $4.67.
- One year ago, diesel prices averaged $3.21 in Iowa.
- The current Iowa diesel price is 20 cents less than the national average of $4.87.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $2.92 for U87-E10, $3.44 for Unleaded 87 (clear), $3.83 for ULSD#2, $4.15 for ULSD#1, and $2.77 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices held steady at the Henry Hub reporting site and are currently priced at $6.93/MMbtu.
- Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
(contributed press release, IDALS)
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