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Retail And Diesel Prices Saw A Modest Increase Over The Past Week While Natural Gas Jumped Nearly Ninety Cents

Retail regular unleaded and diesel saw price increases over the past week as did natural gas. According to AAA Iowa, as of Wednesday the cost of a gallon of regular unleaded rose $.03 to an average of $3.17 across the state. This is $1.15 higher than this time last year, with an increase that is matched on the national level for a new average there of $3.39 per gallon. Retail diesel also went up $.03 to $3.44, which is $1.27 higher than one year ago but $.18 lower than the national average of $3.62 per gallon. Wholesale ethanol remained steady and is currently priced at $2.21. Two of three home heating fuel prices remained steady with propane at an Iowa average of $2.01 per gallon and home heating oil at $3.04. Natural gas took a significant jump, however, rising by $.87 to a new cost of $5.95 per MMBtu.

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