IOWA-MISSOURI -- Average retail gasoline prices in Iowa have risen 0.8 cents per gallon in the past week, averaging $3.67 per gallon Sunday. This compares with the national average that has fallen 0.1 cents per gallon in the last week to $3.66 per gallon, according to gasoline price website IowaStateGasPrices.com.
Including the change in gas prices in Iowa during the past week, prices Sunday were 99.6 cents per gallon higher than the same day one year ago and are 11.9 cents per gallon higher than a month ago.
Average retail gas prices in Missouri have fallen 4.1 cents per gallon in the past week, averaging $3.45 per gallon on Sunday, according to gasoline price website MissouriGasPrices.com. Including the change in gas prices in Missouri during the past week, prices Sunday were 84.7 cents per gallon higher than the same day one year ago and are 7.2 cents per gallon higher than a month ago.
"Late last week we started to see a drop in wholesale gasoline prices, which is the price stations pay. Such news means the national average may begin moving lower," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst. "While I'm hopeful we'll start to see lower retail gasoline prices in the days ahead, we have seen considerable volatility and I'd hate to see the market move higher in the days ahead, negating any expected drop in retail prices," DeHaan adds.
The national average has increased 5.1 cents per gallon during the last month and stands 93.3 cents per gallon higher than this day one year ago.
Our Facebook fans posted some area prices on our wall Sunday......
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