As of Wednesday, July 23rd the price of regular unleaded gasoline averaged $2.95 across Iowa according to AAA. Prices rose 2 cents from last week’s price and are down 34 cents from a year ago. The national average on Wednesday was $3.16, remaining unchanged from last week’s price but still 21 cents higher than the average price in Iowa.
Retail diesel prices in Iowa rose 5 cents this week with a statewide average of $3.58. One year ago, diesel prices averaged $3.53 in Iowa. The current Iowa diesel price is 16 cents lower than the national average of $3.74.
Natural gas prices were down 44 cents at the Henry Hub reporting site and are currently priced at $3.09 MMbtu.
Zach Tomesch, News Director KFJB