Iowa Fuel Prices Rise as Crude Oil Climbs

Statewide average gas price up 14 cents to $2.59 per gallon

Published on Feb. 26, 2026

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The average price of regular unleaded gasoline in Iowa rose 14 cents from last week and now stands at $2.59 per gallon, according to AAA. The statewide average is 38 cents lower than a year ago. Nationally, the average price Wednesday was $2.98 per gallon, up 6 cents from last week.

Why it matters

Fluctuations in fuel prices can significantly impact consumer spending and the broader economy, especially in regions like Iowa where driving is essential for daily life and commerce. Higher gas prices squeeze household budgets and can slow economic activity.

The details

Retail diesel prices in Iowa also increased 13 cents this week to an average of $3.53 per gallon, 8 cents higher than a year ago but 22 cents lower than the national average of $3.75. In crude oil trading, West Texas Intermediate rose $3.86 per barrel this week to $65.46, while Brent crude increased $3.06 to $70.78 per barrel.

  • As of Wednesday, February 26, 2026

The players

AAA

A federation of motor clubs throughout North America that provides travel, insurance, and automotive services.

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The takeaway

The rise in Iowa fuel prices reflects broader trends in the global crude oil market, which can have significant ripple effects on consumer budgets and the regional economy. Consumers may need to adjust their spending and driving habits to account for the higher costs.