Iowa gas prices falling slightly - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa gas prices falling slightly

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DES MOINES (KWWL) -

Average retail gasoline prices in Iowa have fallen 4 cents per gallon in the past week, now averaging $3.62 per gallon.  This compares with the national average that has fallen 4.2 cents per gallon in the last week to $3.61 a gallon, according to website IowaStateGasPrices.com.

Including the change in gas prices in Iowa during the past week, prices are now 88.6 cents per gallon higher than this same day one year ago and are 9.9 cents per gallon higher than a month ago.  The national average has increased 2.4 cents per gallon during the last month and stands 88 cents per gallon higher than this time last year.

"It took the end of summer for a drop in retail gasoline prices, but I'm sure motorists won't complain that we're finally seeing some drops in prices," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst.  "We've seen wholesale prices continue to be somewhat volatile, but I believe as we enter October we'll see markets slowly quiet down with retail gasoline prices falling to $3.35-$3.55 on average by Thanksgiving, with the exception being typical hotspots on the West Coast."

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