As of Wednesday, December 17th the price of regular unleaded gasoline averaged $2.48 across Iowa according to AAA. Prices fell 5 cents from last week’s price and are down 21 cents from a year ago. The national average on Wednesday was $2.91, down 3 cents from last week’s price but still 43 cents higher than the average price in Iowa.

Retail diesel prices in Iowa fell 11 cents this week with a statewide average of $3.39. One year ago, diesel prices averaged $3.25 in Iowa. The current Iowa diesel price is 25 cents lower than the national average of $3.64.

Natural gas prices were down 62 cents at the Henry Hub reporting site and are currently priced at $3.99 MMbtu.

Zach Tomesch, News Director KFJB