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Iowa gas prices are $1.12/gallon higher than a year ago

Gas

Iowa (KWWL) -- Iowa gas prices are 3.3 cents per gallon higher than a week ago, averaging $2.81 per gallon, according to GasBuddy.

In a daily survey of 2,036 gas stations in Iowa, GasBuddy found gas prices in the Hawkeye State are 4.7 cents per gallon higher than a month ago and $1.12 per gallon higher than a year ago.

The cheapest station is priced at $2.39 per gallon and the most expensive is $3.29 per gallon.

The national average price of gas has risen 4.5 cents per gallon in the past week, averaging $2.95 per gallon. The national average is up 10 cents per gallon from a month ago and $1.12 per gallon higher than a year ago.

"While average gas prices jumped last week as the nation continues to see COVID-19 recovery, all eyes are now on the Colonial Pipeline and the fact a cyberattack has completely shut all lines, leading to what could become a major challenge for fuel delivery. The situation is growing more intense each day that passes without the pipeline restarting, and motorists are advised to show extreme restraint or exacerbate and prolong the challenges. If the pipeline returns to service in the next day or two, the challenges will be minimal, but if full restart doesn't happen by then, we're likely to see a slight rise in gas prices, but more importantly, challenges for motorists needing fuel in Georgia, Tennessee, the Carolinas, Virginia, Northern Florida and surrounding areas. I'm hopeful the situation will quickly improve as multiple levels of government are involved, this may become a nightmare should it continue just ahead of the start of the summer driving season. GasBuddy will continue to watch the situation and update as necessary."

Patrick De Haan, head of petroleum analysis for GasBuddy

Historical gasoline prices in Iowa and the national average going back ten years:
May 10, 2020: $1.69/g (U.S. Average: $1.83/g)
May 10, 2019: $2.71/g (U.S. Average: $2.86/g)
May 10, 2018: $2.74/g (U.S. Average: $2.86/g)
May 10, 2017: $2.28/g (U.S. Average: $2.33/g)
May 10, 2016: $2.15/g (U.S. Average: $2.20/g)
May 10, 2015: $2.60/g (U.S. Average: $2.66/g)
May 10, 2014: $3.53/g (U.S. Average: $3.66/g)
May 10, 2013: $3.60/g (U.S. Average: $3.56/g)
May 10, 2012: $3.55/g (U.S. Average: $3.73/g)
May 10, 2011: $3.91/g (U.S. Average: $3.95/g)

Neighboring areas and their current gas prices:
Quad Cities- $2.96/g, up 7.4 cents per gallon from last week's $2.88/g.
Des Moines- $2.80/g, unchanged from last week's $2.80/g.
Omaha- $2.86/g, up 4.8 cents per gallon from last week's $2.81/g.

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