(Des Moines) According to AAA, the price of regular unleaded gasoline rose seven cents this past week, averaging $3.01, across Iowa. Despite the price increase, it’s still 20 cents lower than one year ago.
The price of global crude oil, which rose this week on the West Texas Intermediate (WTI) by $1.03 per barrel over last week, is currently priced at $77.47.
Brent crude oil rose $1.21 and is currently priced at $82.66. One year ago, WTI crude sold for $76.16, and Brent crude was $82.14.
Retail diesel prices in Iowa rose 3 cents this week with a statewide average of $3.83. One year ago, diesel prices averaged $4.06 in Iowa. The current Iowa diesel price is 27 cents lower than the national average of $4.10.
Wholesale ethanol held steady and is currently priced at $2.16.
Propane prices averaged $1.59 per gallon statewide. Home heating oil prices averaged $3.27 per gallon statewide. Natural gas prices rose 15 cents at the Henry Hub reporting site and are currently priced at $1.76.
Story Content (c) 2024 Meredith Communications LC – All Rights Reserved.
Read More: Gas Prices Higher This Past Week