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Average Iowa gas prices decline

GasBuddy said refinery maintenance ending and cooler weather are easing fuel costs, but analysts warned Iran-related oil-market risks could quickly reverse the decline.

  • Gas prices fell nationwide and across Iowa on Friday, with the national average dropping 17.1 cents to $4.12 per gallon and Iowa prices declining 18.9 cents to $4.02 per gallon.
  • Patrick De Haan, head of petroleum analysis at GasBuddy, attributed the declines to refinery maintenance wrapping up and seasonal demand fading as cooler weather arrives.
  • Diesel prices also fell 5.9 cents to $6.281 per gallon. Regional variability shows Quad Cities at $4.21, Omaha at $3.96, and Des Moines at $3.85 per gallon.
  • Despite recent relief, prices remain elevated compared to last year. The national average stands $1.13 per gallon higher than a year ago, while Iowa prices are $1.29 per gallon higher.
  • De Haan cautioned that market volatility could return quickly following the election, as uncertainty over the Iran conflict continues to threaten oil markets.
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KGAN broke the news in Cedar Rapids, United States on Monday, November 2, 2026.
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