As of Tuesday, December 31st, the price of regular unleaded gasoline averaged $2.76 across Iowa according to AAA. Prices fell 1 cent from last week’s price and are down 5 cents from a year ago. The national average on Tuesday was $3.04, steady cent from last week’s price but still 28 cents higher than the average price in Iowa.

Retail diesel prices in Iowa fell 1 cent this week with a statewide average of $3.28. One year ago, diesel prices averaged $3.68 in Iowa. The current Iowa diesel price is 23 cents lower than the national average of $3.51.

Natural gas prices were up $.23 at the Henry Hub reporting site and are currently priced at $3.70/MMbtu.

Zach Tomesch, News Director KFJB