Fuel prices in Iowa continued to trend downward over the past week, according to the latest report from the Iowa Department of Agriculture and AAA-Iowa. As of Wednesday, Nov. 1, the price for a gallon of regular unleaded gasoline averaged $3.19 across the state, an 11-cent decrease from the prior week and down 37 cents from a year ago. The national average on Wednesday dropped eight cents to $3.46 per gallon. Retail diesel prices in Iowa fell 17 cents this week to a statewide average of $4.51 per gallon, compared to $5.17 this time last year. Iowa prices remain six cents above the national average for diesel of $4.45 per gallon. Wholesale ethanol held steady at $2.16. In heating fuels, propane prices were down one cent to $1.54 per gallon, home heating oil prices slid 46 cents to $3.91 per gallon, and natural gas prices rose 17 cents at the Henry Hub reporting site to $3.55 per MMBtu.
Iowa Fuel Report: Nov. 1, 2023
