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Average Motor Fuel Prices In Iowa Maintain Downward Trend Over Past Week

Fuel prices in Iowa maintained their downward trajectory over the past week, according to the Iowa Department of Agriculture and AAA-Iowa. As of Wednesday, Aug. 10, the price for a gallon of regular unleaded gasoline averaged $3.62, a 19-cent drop from last week but still 62 cents higher than a year ago. The national average dipped by 15 cents from a week ago to $4.01 per gallon. Diesel prices in Iowa were down by 14 cents to a statewide average of $4.75 per gallon, which is 35 cents below the U.S. average. Twelve months ago, Iowa’s mean diesel price was $3.14 per gallon. Wholesale ethanol held steady at $2.16, while natural gas prices spiked 57 cents at the Henry Hub reporting site to $8.26 per MMBtu.

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