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

Iowa gas prices falling slightly


Average retail gasoline prices in Iowa have fallen just under a penny in the past week, now averaging $3.82 per gallon.  This compares with the national average that has fallen 2.4 cents per gallon in the last week to $3.79, according to gasoline price website 

Even with the slight drop this week, the price at the pump now sits a whopping 40 cents per gallon higher than this time last year in Iowa, and has shot up 7.1 cents a gallon in the past month alone. 

"In the last few years, we've typically seen a seasonal downward trend at the gas pump as the cooler temperatures invade," said Senior Petroleum Analyst Patrick DeHaan. "We just haven't seen any sort of real decline at the pump yet this autumn. This year has seen one of the warmest ever- temperatures and gasoline prices alike. High temperatures have been blamed on global warming, perhaps we're seeing a long term 'pump warming' equivalent at retail pumps. Either way, the small drop in gasoline prices isn't to the satisfaction of many, and I don't see enough relief to satisfy the majority of American motorists any time soon."

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