Gas prices on the rise in Iowa - KWWL - Eastern Iowa Breaking News, Weather, Closings

Gas prices on the rise in Iowa

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WATERLOO (KWWL) – A sharp increase in gas prices have many eastern Iowans taking notice. The price of a gallon of regular gasoline in Iowa is right at the national average at $3.17. In just a month's time in Waterloo the price has increased by almost a dime.

It's a price that impacts all of us in one way or another. Some directly who need to fill up their cars and others through the transporting of goods. That extra costs is passed along at your favorite stores, but people always want to know why the increase.

The average price we found in the Cedar Valley was $3.15 a gallon. Those from out of state like Robin Stewart, say that's not bad.

"It's about 50 cents a gallon cheaper here than it is in Seattle so I don't think anything of it. We pay about $3.50 or $3.55 a gallon just for regular unleaded. It's a lot less expensive here than it's back in Seattle," said Stewart.

Officials with AAA say a lot of factors go in to the price of a gallon of gas. When companies that produce gas switch to summer blends, it takes more money and time to refine the gas and prices go up. Also more people are hitting the road and demand along with prices rise.

"Certainly $3.00 is the new normal for 2011. We don't project prices dropping below that although I don't know that necessarily will go much higher than we are at, but there is certainly a possibility for slight increases both in spring and summer," said Director of Public Affairs for AAA, Gail Weinholzer.

As for the impact of this increase, it has yet to be seen.

"I mean if I want to go somewhere I'm gonna go regardless of what the price is," said Stewart.

Diesel is also on the rise in Iowa. The average current price is right around $3.49 a gallon. A year ago it was at $2.74.

 

Online Reporter: John Wilmer

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