IOWA — Gas prices have fallen 2.8 cents per gallon in the past week, averaging $2.42 per gallon, according to GasBuddy’s survey of 2,036 stations.
Gas prices in Iowa are 4.9 cents per gallon lower than a month ago, yet stand 30 cents per gallon lower than a year ago. According to GasBuddy price reports, the cheapest station in Iowa is priced at $2.15 per gallon while the most expensive is $2.92 per gallon, a difference of 77 cents per gallon. The lowest price in the state today is $2.15 per gallon while the highest is $2.92 per gallon, a difference of 77 cents per gallon.
The cheapest price in the entire country today stands at $1.75 per gallon while the most expensive is $5.49 per gallon, a difference of $3.74 per gallon. The national average price of gasoline has fallen 5.1 cents per gallon in the last week, averaging $2.58 per gallon. The national average is down 6.3 cents per gallon from a month ago, yet stands 22.4 cents per gallon lower than a year ago.
“The air is getting crisp, the leaves falling, and for the third straight week the national average price of gasoline has too, “ said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Most states saw notable declines, while California and the Great Lakes states saw the largest dips. Solidly in the rear view are California’s previous refinery issues that caused prices to soar, but now a new problem- filling up with the cheaper gasoline as power outages have cut access to hundreds of stations across the state. GasBuddy has again activated its emergency tracker for California, and this event is unlikely to impact gas prices, so long as refineries don’t lose power. Across the rest of the country, the Great Lakes states saw prices fall far faster than wholesale prices, and a correction is likely in the region. With that exception, the nation should see a fourth straight week of decline with over three-quarters of stations passing along lower prices in the coming week.”
This news release was sent to the Herald