Gas prices drop from record highs

There’s finally been some relief from record gas prices. Allan Goldberg of the Iowa Department of Natural Resources tracked prices across the state in the latest D-N-R poll. He says, “The average price for a gallon of self-serve, regular unleaded gasoline in Iowa was two-dollars and three cents. This was 15 cents lower than last month, but still seven cents higher than this time last year, where gas was a dollar-96 per gallon.” Goldberg says supply continues to drive the prices. He says falling crude oil prices and increasing gas inventories pushed prices lower as fears over shortages were eased. Goldberg says you should enjoy lower prices now, because it’s hard to tell what will happen next. He says although prices have been dropping, you should be prepared for continued price volatility. Diesel prices dropped as well, with the average price of self-serve diesel at two-dollars and 17-cents, down 11 cents from last month.