Gas prices expected to drop even lower across the nation - KTIV News 4 Sioux City IA: News, Weather and Sports

Gas prices expected to drop even lower across the nation


Gas is a little cheaper at the pump these days, and there are indications prices could continue to drop.

Officials say one of the main reasons in an increase in U.S. production.  A lot of the crude is coming from Texas.

The national average is around $3.00 a gallon.  The lowest it's been in three years.

"They're gonna continue to fall probably another $.10-$.15-$.20 cents per gallon by the end of the year," said Michael Green, AAA Spokesperson.

In Sioux City, you'll find ethanol blended gasoline for about $2.79 a gallon.  That's the price for 87 octane blended fuel.

The price goes up a little higher for 89 octane fuel.  You'll pay about $3.02 a gallon for that.

Statewide in Iowa, the price for regular unleaded gasoline is $3.08.  You'll pay a little more in Nebraska, at $3.13 for the same fuel.  And in South Dakota, the average price for regular unleaded gasoline is $3.21 a gallon.

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