For the first time in weeks, the price for gasoline in Iowa declined, but only slightly, according to the Iowa Department of Agriculture and AAA-Iowa. As of Wednesday, June 22, the cost of a gallon of regular unleaded gasoline dropped six cents to $4.70 per gallon. This price is a $1.83 higher than this time last year but is still below the national average of $4.96 per gallon, which was down five cents from last week. Retail diesel prices in Iowa climbed 11 cents to $5.44 per gallon, compared to $3.06 one year ago. Statewide prices were 37 cents below the national average of $5.81 per gallon. Wholesale ethanol was unchanged at $2.16. Natural gas prices plunged 84 cents to $6.77 per MMBtu at the Henry Hub reporting site.
