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Gas prices continue to drop

News

December 7th, 2018 by Ric Hanson

(Radio Iowa) — Gas prices continue to drop across the country and in our state. Triple-A Iowa reports that the average price for a gallon of gas nationwide is now at a record low of two-dollars, 43 cents-a-gallon. The average in Iowa dropped 13 cents compared to last week to hit two dollars 16 cents-a-gallon. That’s 30 cents a-gallon lower than last year at this time. Some areas of the state saw gas drop below two dollars. Tripple-A says the oil supply is growing faster than anticipated and production levels hit the highest level ever recorded.