(Des Moines) The average price of gasoline in Iowa is ending 2022 near levels compared to one year ago. The average price of gasoline across Iowa was $3.04 on January 1, 2022. The price gradually increased to an average high of $4.76 on June 15, a $1.73 per gallon increase from the beginning of 2022. Meredith Mitts of the AAA Auto Club Group explains more.
The average price of gas has been on a steady decline since mid-June. Mitt says the fear of an economic recession and inflationary issues were a few reasons that led to the decline in gas prices.
As of December 29, the average price across the state is $3.01 per gallon.
