Iowa Gas and Diesel Prices Continue to Trend Downward

Iowa drivers are seeing a slight break at the pump this week. According to AAA, the average price of regular unleaded gasoline in the state was $2.91 per gallon as of Wednesday, a drop of six cents from last week and 13 cents lower than the same time a year ago. By comparison, the national average climbed to $3.16 per gallon, up four cents from last week’s price.

Diesel prices in Iowa also eased slightly. The statewide average for retail diesel fell by one cent this week to $3.50 per gallon. A year ago, diesel in Iowa averaged $3.34. The state’s current diesel price remains 19 cents below the national average of $3.69 per gallon.

For wholesale buyers, Des Moines Terminal/Rack Prices on Wednesday were reported at $1.86 for U87-E10, $2.09 for Unleaded 87 (clear), $2.36 for ULSD#2, $2.72 for ULSD#1, and $1.99 per gallon for E-70.

With both gasoline and diesel prices remaining lower than national averages, Iowa motorists continue to benefit from relatively stable fuel costs heading into the fall season.