As of Wednesday, July 9th, the price of regular unleaded gasoline averaged $2.93 across Iowa according to AAA. Prices dropped 6 cents from last week’s price and are down 36 cents from a year ago. The national average on Wednesday was $3.16, down 1 cent from last week’s price but still 23 cents higher than the average price in Iowa.
Retail diesel prices in Iowa dropped 5 cents this week with a statewide average of $3.52. One year ago, diesel prices averaged $3.27 in Iowa. The current Iowa diesel price is 18 cents lower than the national average of $3.70.
Natural gas prices were down 31 cents at the Henry Hub reporting site and are currently priced at $3.16 MMbtu.
Zach Tomesch, News Director KFJB