Gas prices fall 4.4 cents last week - KWWL - Eastern Iowa Breaking News, Weather, Closings

Gas prices fall 4.4 cents last week

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WATERLOO (KWWL) -

Average gas prices in Iowa fell 4.4 cents in the past week, amounting to $3.52 per gallon on average Sunday.

The update is according to GasBuddy's daily survey of 2,036 gas outlets in Iowa.

Gasbuddy.com reports the national average is $3.61 per gallon, dropping 3.7 cents in the last week.

Prices Sunday were two cents per gallon lower than what they were the same day a year ago, and also two cents per gallon lower than a month ago. During the last month, the national average fell 4.3 cents per gallon.

"The last two weeks have seen some large drops in oil prices and gasoline spot prices, a very exciting thing to see in the middle of the summer driving season," said Gasbuddy.com Senior Petroleum Analyst Patrick DeHaan.

"Motorists have some nice relief coming at the pump to look forward to in the next week to two as these drops make it to retail outlets."

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