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Home And Motor Fuel Prices On The Rise

Home heating fuels and two of three motor fuels saw prices rise over the past week. According to AAA Iowa, as of Wednesday, the average price for a gallon of regular unleaded rose by $.02 to $3.04. This is $.97 higher than one year ago and $.18 lower than the national average of $3.22, which was up $.03 over the past week. Retail diesel prices in Iowa were up by $.07 to $3.23, which is $.16 lower than the national average of $3.39. One year ago, diesel averaged $2.18 per gallon. Wholesale ethanol was the only motor fuel to remain at a stable price point at $2.21 per gallon. Natural gas prices are now nearing the $6 mark with the Henry Hub reporting site detailing a $.30 increase to $5.86 per MMBtu. Propane and home heating oil costs have also risen with propane seeing a $.23 jump to an average of $1.92 per gallon. Home heating oil is now at $3 per gallon after a $.34 bump over the week.

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