News

Gas Prices Up

Gas Prices Up

Photo: clipart.com


The statewide average gas price in Iowa has moved up each of the last four weeks. While the increases are often due to increases in the prices of oil, Department of Agriculture fuels analyst, Harold Hommes (Home-us), says it looks like the recent increase is some profit taking by retailers.


The average cost of a gallon of gas was two dollars, 37 cents four weeks ago, and it is now up to two dollars, 59 cents. Hommes says the market hasn’t favored retailers lately.

The run up to Memorial Day and the start of the summer driving season traditionally has been a signal in the past for prices to start moving up as demand increases. But Hommes says that hasn’t happened recently.


Iowa’s average gas prices is eight cents below the national average, and 89 cents below one year ago at this time.

Recent Headlines

21 hours ago in Local

NOEM’S USES OF CREDIT CARDS AND AN ECONOMIC FUND CAUSE LAWMAKERS TO PROPOSE RESTRICTIONS

PIERRE, S.D. (Joshua Haiar / South Dakota Searchlight) – A committee of South Dakota lawmakers expressed support Thursday for legislative…

21 hours ago in Local

MULTIPLE INJURIES REPORTED AFTER CRASH INVOLVING REMSEN ST. MARY’S BASKETBALL TEAM

SIOUX CITY (KTIV) – First responders were sent to a crash on Highway 75, near the Plymouth and Woodbury County…

4 days ago in Local

WYOMING LAWMAKERS ADVANCE ‘GEOENGINEERING’ BAN FOLLOWING CONCERNS OF HARMFUL ‘CHEMTRAILS’

CHEYENNE, WY (Noah Zahn / Wyoming Tribune Eagle) – Claims that “chemtrails” from government or private jets are poisoning citizens,…

4 days ago in Local

BLACK HILLS ENERGY WORKS TO RESTORE POWER AFTER SYSTEM WIDE OUTAGE

RAPID CITY, S.D. (KOTA) – Utility companies continue the work to restore power to people following an outage that affected…

5 days ago in Local

MATH EDUCATORS PUSH STATE BOARD TO KEEP CURRENT STANDARDS IN PLACE

SIOUX FALLS — Calls to retain South Dakota’s current math standards continued at the state Board of Education Standards meeting…