As of Tuesday, December 24th, the price of regular unleaded gasoline averaged $2.77 across Iowa according to AAA. Prices rose 3 cents from last week’s price and are down 5 cents from a year ago. The national average on Tuesday was $3.04, up 1 cent from last week’s price but still 27 cents higher than the average price in Iowa.

Retail diesel prices in Iowa held steady this week with a statewide average of $3.29. One year ago, diesel prices averaged $3.70 in Iowa. The current Iowa diesel price is 22 cents lower than the national average of $3.51.

Wholesale ethanol held steady and is currently priced at $2.16. Natural gas prices were up $0.09 at the Henry Hub reporting site and are currently priced at $3.47/MMbtu.

Zach Tomesch, News Director KFJB