As of Wednesday, the price of regular unleaded gasoline averaged $2.85 across Iowa according to AAA. Prices fell 5 cents from last week’s price and are down 24 cents from a year ago. The national average on Wednesday was $3.11, down 3 cents from last week’s price but still 26 cents higher than the average price in Iowa.

Retail diesel prices in Iowa fell 4 cents this week with a statewide average of $3.34. One year ago, diesel prices averaged $4.42 in Iowa. The current Iowa diesel price is 23 cents lower than the national average of $3.57.

Natural gas prices fell 9 cents at the Henry Hub reporting site and are currently priced at $2.76/MMbtu.

Zach Tomesch, News Director KFJB