FOR THE FIRST TIME IN MORE THAN SIX YEARS THE AVERAGE PRICE FOR A GALLON OF REGULAR GAS IN IOWA HAS HIT $3 DOLLARS.
THAT’S UP 14 CENTS FROM A MONTH AGO AND 90 CENTS FROM THIS TIME LAST YEAR.
ACCORDING TO TRIPLE A, THE PRICE DOES REMAIN 15 CENTS BELOW THE NATIONAL AVERAGE OF $3.16.
THE LAST TIME IOWA MOTORISTS PAID A STATEWIDE AVERAGE OF $3 FOR GAS WAS NOVEMBER 7TH OF 2014.
FUEL PRICES HAVE MOVED HIGHER AS THE COST OF CRUDE OIL HAS JUMPED, TRADING ABOVE $76, A LEVEL ALSO NOT SEEN SINCE NOVEMBER OF 2014.
THE PRICE FOR A BARREL OF OIL TODAY (THURSDAY) WAS JUST ABOVE $72.60, BRINGING SOME HOPE THAT PRICES AT THE PUMP MAY SOON PEAK.
