Iowa's retail gasoline prices rise 4.7 cents per gallon in last week
Average retail gasoline prices in Iowa have risen 4.7 cents per gallon in the past week, averaging $3.62/gallon on July 21, according to GasBuddy’s daily survey of 2,036 gas outlets in Iowa.
“The national average has seen the upward trend continuing, with average prices climbing across most of the United States,” said Patrick DeHaan, GasBuddy.com senior petroleum analyst.
“The price of oil continues to rise to levels not seen in quite some time, and that may continue, at least for the time being, to put more upward pressure on gasoline prices. While the worst may be behind us, I do believe the week ahead will likely feature another rise in the national average,” DeHaan added.
Including the change in gas prices in Iowa during the past week, prices on July 21 were 15.5 cents per gallon higher than the same day one year ago and are 6.9 cents per gallon higher than a month ago.
The national average price increased 3.2 cents per gallon in the last week to $3.68 per gallon, according to GasBuddy. The national average has increased 9.9 cents per gallon during the last month and stands 19 cents per gallon higher than this day one year ago.