As of Wednesday, August 27th the price of regular unleaded gasoline averaged $2.88 across Iowa according to AAA. Prices dropped 1 cent from last week’s price and are down 25 cents from a year ago. The national average on Wednesday was $3.21, up 8 cents from last week’s price but still 33 cents higher than the average price in Iowa.
Retail diesel prices in Iowa rose 2 cents this week with a statewide average of $3.53. One year ago, diesel prices averaged $3.46 in Iowa. The current Iowa diesel price is 18 cents lower than the national average of $3.71.
Natural gas prices were up 13 cents at the Henry Hub reporting site and are currently priced at $2.89 MMbtu.
Zach Tomesch, News Director KFJB