Average retail gasoline prices in Iowa have risen 10.6 cents per gallon in the past week, averaging $3.22 a gallon Sunday, according to GasBuddy's daily survey of 2,036 gas outlets in Iowa. This compares with the national average that has increased 4.9 cents per gallon in the last week to $3.29 a gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Iowa during the past week, prices Sunday were 7.0 cents per gallon higher than the same day one year ago and are 12.3 cents per gallon higher than a month ago.Average retail gasoline prices in Missouri have risen 6.4 cents per gallon in the past week, averaging $3.08 a gallon Sunday, according to GasBuddy's daily survey of 3,940 gas outlets in Missouri.Including the change in gas prices in Missouri during the past week, prices Sunday were 3.6 cents per gallon higher than the same day one year ago and are 12.1 cents per gallon higher than a month ago.The national average has increased 4.0 cents per gallon during the last month and stands 2.2 cents per gallon higher than this day one year ago.
"The sub $3/gallon gas was great while it lasted, but unfortunately it has nearly completely dried up," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "As of late Sunday night, zero states were seeing their averages under $3/gallon. As the New Year rolls in, this is a type of trend that we're used to seeing. The bottom is behind us and prices generally begin the New Year on a higher note, like they will again this year. The trend won't last forever though, as January and February feature generally weak demand that should limit increases and keep prices relatively moderate for the next month or two," DeHaan said.(Information provided by GasBuddy.com)