As of Wednesday, July 2nd, the price of regular unleaded gasoline averaged $2.99 across Iowa according to AAA. Prices dropped 4 cents from last week’s price and are down 33 cents from a year ago. The national average on Wednesday was $3.17, down 3 cents from last week’s price but still 18 cents higher than the average price in Iowa.
Retail diesel prices in Iowa dropped 3 cents this week with a statewide average of $3.57. One year ago, diesel prices averaged $3.56 in Iowa. The current Iowa diesel price is 12 cents lower than the national average of $3.69.
Natural gas prices were down 14 cents at the Henry Hub reporting site and are currently priced at $3.47 MMbtu.
Zach Tomesch, News Director KFJB