Des Moines, IA – That giant container ship was finally freed in the Suez Canal earlier today (Monday), unclogging a vital trade artery which might mean a slight drop in gasoline prices in Iowa. Over the past few weeks, gas prices have been creeping upward in many Iowa communities, but not just because of the grounded ship. Nick Jarmusz, spokesman for Triple-A-Iowa, says the reasons for the recent rise are pretty straightforward.
That’s “normal” in both demand for gasoline and in our travel habits. A year ago, droves of Iowans were driving very little as COVID-19 closed down many offices and stores.
It’s simple supply and demand, as more people are now driving, the gas prices will rise. The prices may seem high, but Jarmusz says they’re really not that inflated compared to where prices were -before- coronavirus arrived.
The statewide average price for gas is two-76 a gallon. A year ago, Iowa’s average price was a dollar-80. Dubuque now has the most expensive gas at two-90 a gallon, while Davenport has the cheapest at two-71.