Fuel prices average less than $2.50 a gallon

DES MOINES — The price of regular unleaded gasoline fell four cents from last week's price and is currently averaging $2.47 across Iowa, according to AAA.

The price of global crude oil fell this week on the West Texas Intermediate by $1.23 per barrel to $60.42.

Brent crude oil fell by $1.15 to $64.92.

One year ago, WTI crude sold for $76.79 and Brent crude was $80.57.

As of Jan. 21, the price of regular unleaded gasoline averaged $2.47 across Iowa, down 43 cents from a year ago.

The national average was $2.83, down one cent from last week’s price.

Retail diesel prices in Iowa rose 12 cents this week with a statewide average of $3.32.

One year ago, diesel prices averaged $3.45 in Iowa.

The current Iowa diesel price is 21 cents lower than the national average of $3.53.

The current Des Moines Terminal/Rack Prices are $1.67 for U87-E10, $1.89 for Unleaded 87 (clear), $2.21 for ULSD#2, $2.51 for ULSD#1, and $1.74 per gallon for E-70 prices.

Natural gas prices were up $1.78 at the Henry Hub reporting site and are currently priced at $4.87 MMbtu.

Propane prices averaged $1.57 per gallon in Iowa.

Home heating oil prices had a statewide average of $2.75 per gallon.

Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.