As of Wednesday, May 14th, the price of regular unleaded gasoline averaged $2.90 across Iowa according to AAA. Prices fell 2 cents from last week’s price and are down 35 cents from a year ago. The national average on Wednesday was $3.18, up 3 cents from last week’s price but 28 cents higher than the average price in Iowa.
Retail diesel prices in Iowa fell held steady this week with a statewide average of $3.29. One year ago, diesel prices averaged $3.67 in Iowa. The current Iowa diesel price is 25 cents lower than the national average of $3.54.
Natural gas prices were down $.14 at the Henry Hub reporting site and are currently priced at $3.50 MMbtu.
Zach Tomesch, News Director KFJB