The price of regular unleaded gasoline was up 5 cents this week, averaging $3.09 across Iowa.  

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.34 per barrel over last week, currently priced at $79.87.
  • Brent crude oil rose $1.57 and currently priced at $82.63.
  • One year ago, WTI crude sold for $40.20 and Brent crude was at $41.34.

 Motor Fuels

  • As of Wednesday, October 13, the price of regular unleaded gasoline averaged $3.09 across Iowa according to AAA. 
    1. Prices were up 5 cents from last week’s price and $1.03 higher than one year ago. 
    2. The national average on Wednesday was $3.29, up 7 cents from last week’s price.
  • Retail diesel prices in Iowa were up 9 cents this week with a statewide average of $3.32. 
    1. One year ago, diesel prices averaged $2.18 in Iowa. 
    2. The current Iowa diesel price is 18 cents less than the national average of $3.50.
  • Wholesale ethanol was steady and is currently priced at $2.21.
  • The current Des Moines Terminal/Rack Prices are $2.27 for U87-E10, $2.48 for Unleaded 87 (clear), $2.56 for ULSD#2, $2.79 for ULSD#1, and $2.47 per gallon for E-70 prices.

 Heating Fuels

  • Propane prices were up 8 cents with a statewide average of $2.00 per gallon.
  • Home heating oil prices rose 5 cents, with a statewide average of $3.05 per gallon.
  • Natural gas prices fell 44 cents at the Henry Hub reporting site and are currently priced at $5.42/MMbtu.
 Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.