Heating And Motor Fuels See Increases Over The Last Week

The temperatures have taken a downward turn, but the price of natural gas has headed in a different direction. The Iowa Department of Agriculture and Land Stewardship reports that heating fuel prices rose slightly over the past week. Propane went up $.02 cents and now sits at a statewide average of $1.18 per gallon. Natural gas saw the biggest jump, up $.45 at the Henry Hub reporting site, and is now priced at $2.72 per MMbtu. Home heating oil went up only one penny from last week and now averages $2.43 per gallon. And though there were also slight increases at the pump, gasoline is still reported nearly a quarter per gallon lower than this same time last year. According to AAA Iowa, motor fuels are up a penny over last week, but $.23 cents lower than a year ago at a statewide average of $2.45. The national average as of Tuesday was $2.61 cents. Retail diesel was also up a penny at an average of $2.84 per gallon across the state. At this time last year, diesel was $3.26 in Iowa.