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Gas And Diesel Prices Increase As Holidays Draw Near

As we draw closer to the holidays, the prices of motor fuels at the pumps continues to creep up. As of Wednesday, AAA of Iowa reports a $.07 increase in regular unleaded gasoline over last week with an average of $2.10 across the state. However, this is still $.23 lower than this time last year. The national average on Wednesday was $2.19, up $.03 from last week. Retail diesel prices also went up, on average $.06 to $2.35 per gallon. This is $.49 lower than last year and still $.14 lower than the national average of $2.49. In heating fuels, the biggest one-week increase was in natural gas prices, up $.19 cents to $2.65 per MMbtu. Propane prices remained steady with an average of $1.12 per gallon and home heating oil moved up $.05 from last week, ending with a statewide average of $2.03 per gallon.

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