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Iowa Fuel Prices Appear To Stabilize After Weeks Of Gradual Declines

Fuel prices in Iowa are beginning to stabilize following weeks of gradual decreases, according to the Iowa Department of Agriculture and AAA-Iowa. As of Wednesday, Aug. 17, the price for a gallon of regular unleaded gasoline in the state averaged $3.59, a three-cent drop from last week and 59 cents higher than a year ago. The national average was solidly below $4 per gallon at $3.94. Retail diesel in Iowa dropped four cents on the week to $4.71 per gallon, 30 cents below the $5.01 national average. Last year, diesel averaged just $3.13 statewide. Wholesale ethanol was unchanged at $2.16. Natural gas prices jumped a dollar at the Henry Hub reporting site to $9.26 per MMBtu.

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