Iowa Gas Prices Drop 18.9 Cents Per Gallon

Average Iowa gasoline prices fell sharply over the past week as refinery maintenance wrapped up and seasonal demand faded.

Updated on Nov. 2, 2026 in Oil and Gas

Isometric editorial illustration of a steel fuel nozzle on a pump cradle over an empty concrete island, with a flat prairie horizon beneath an open autumn sky. — Average gasoline prices in Iowa fell 18.9 cents per gallon in a week to $4.02, GasBuddy's survey of 2,036 stations shows, as refinery maintenance wrapped up. AI Illustration. Upload story photo >

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GasBuddy's survey of 2,036 Iowa stations shows the average gasoline price in Iowa is now $4.02 per gallon, down 18.9 cents from last week. National average gasoline prices also fell, dropping 17.1 cents per gallon in the same period.

Why it matters

Lower pump prices ease household fuel costs across Iowa, though prices remain $1.29 per gallon higher than a year ago. Analysts say volatility could return quickly after the election.

The cheapest Iowa station was priced at $3.62 per gallon yesterday, while the most expensive reached $5.09 per gallon, and national diesel averages sit at $6.281 per gallon. Survey data from GasBuddy does not indicate how long the decline will continue.

The players

GasBuddy

GasBuddy is a fuel price tracking service that compiles weekly reports from gas stations across the United States to publish average pricing and trend data.

The details

Average gasoline prices fell in nearly every state over the last week as refinery maintenance wrapped up, according to GasBuddy's compilation of more than 11 million weekly price reports from over 150,000 stations nationally. Seasonal demand also continued to fade with the onset of cooler weather.

Yesterday: The cheapest Iowa station was priced at $3.62 per gallon.
Last week: Iowa and national gas prices fell 18.9 and 17.1 cents per gallon.
Last month: Iowa prices fell 12.2 cents and national prices fell 24.7 cents per gallon.
Sunday: Oil fell nearly $2 in Sunday trading.

Market Landscape

The weekly declines in Iowa and national averages reported by GasBuddy reflect a fuel market still well above last year's levels, with prices in Iowa $1.29 per gallon higher than a year earlier. The drop comes as refinery maintenance ends, while Ukrainian strikes on Russian refineries and Strait of Hormuz tensions remain sources of supply risk.

Iowa drivers paying $4.02 per gallon on average are seeing lower pump prices this week, though fuel costs remain $1.29 per gallon above last year. Motorists planning trips may find some relief at the pump while watching for possible price swings after the election.

The takeaway

Drivers in Iowa can save on fuel by comparing prices at nearby stations, since the cheapest local station was $3.62 per gallon while the most expensive reached $5.09 per gallon.