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Iowa Dept. Of Agriculture Begins Reporting Heating Fuel Prices

Iowa has been somewhat insulated from the recent jumps in fuel prices seen nationwide, according to the Iowa Department of Agriculture and AAA-Iowa. As of Wednesday, Oct. 19, the cost for a gallon of regular unleaded gasoline averaged $3.63 across the state, an eight-cent decrease from last week but 51 cents higher than a year ago. The national average on Wednesday was down seven cents on the week to $3.85 per gallon. Retail diesel prices in Iowa climbed nine cents to a $5.14 per gallon average. Last year, a gallon of diesel averaged just $3.40. Current Iowa prices held below the national average of $5.32 per gallon. The Iowa Department of Agriculture has begun reporting weekly moves in the heating fuels markets with cooler months ahead. Propane was up one cent in Iowa to $1.94 per gallon, while home heating oil prices jumped 13 cents to $4.71 per gallon. Natural gas prices plunged $1.05 at the Henry Hub reporting site to $5.53 per MMbtu.

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