As of Wednesday, May 29th, the price of regular unleaded gasoline averaged $3.27 across Iowa according to AAA. Prices fell 3 cents from last week’s price and are down 11 cents from a year ago. The national average on Wednesday was $3.58, down 3 cents from last week’s price but still 31 cents higher than the average price in Iowa.
Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.58. One year ago, diesel prices averaged $3.70 in Iowa. The current Iowa diesel price is 30 cents lower than the national average of $3.88.
Natural gas prices rose 2 cents at the Henry Hub reporting site and are currently priced at $2.71/MMbtu.
Zach Tomesch, News Director KFJB