As of Wednesday, the price of regular unleaded gasoline averaged $2.70 across Iowa according to AAA. Prices fell 5 cents from last week’s price and are down 18 cents from a year ago. The national average on Wednesday was $3.03, down 4 cents from last week’s price but still 33 cents higher than the average price in Iowa.

Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.28. One year ago, diesel prices averaged $4.00 in Iowa. The current Iowa diesel price is 26 cents lower than the national average of $3.54.

Natural gas prices fell 48 cents at the Henry Hub reporting site and are currently priced at $2.99/MMbtu.

Zach Tomesch, News Director KFJB