Iowa drivers are seeing continued relief at the pump as fuel prices dropped again this week.
According to AAA, the average price of regular unleaded gasoline in Iowa was $2.89 per gallon as of Wednesday. That marks a three-cent decrease from last week and a 31-cent drop compared to this time last year. Nationally, the average price for regular unleaded was $3.13, also down three cents from last week.
Diesel prices in Iowa followed a similar trend. Retail diesel fell by five cents this week to an average of $3.51 per gallon. A year ago, diesel in Iowa averaged $3.52. Iowa’s diesel prices remain below the national average of $3.70 by 19 cents.
Wholesale fuel costs also reflected current market conditions. On Wednesday, Des Moines Terminal/Rack Prices were reported at $1.97 for U87-E10, $2.26 for Unleaded 87 (clear), $2.37 for ULSD#2, $2.68 for ULSD#1, and $1.91 per gallon for E-70.