Wisconsin gas prices continue to fall, new report finds

WISCONSIN (CIVIC MEDIA) – Average gasoline prices in Wisconsin have fallen 4.1 cents per gallon in the last week, averaging $2.88 a gallon, according to GasBuddy’s survey of over 3,000 stations in Wisconsin.

Prices in Wisconsin are 9.6 cents per gallon lower than a month ago and stand 60.4 cents per gallon lower than a year ago.  According to GasBuddy price reports, the cheapest station in Wisconsin was priced at $2.59 a gallon while the most expensive was $3.99 a gallon, a difference of $1.40 a gallon. The national average price of gasoline has risen 0.9 cents per gallon in the last week, averaging $3.10 a gallon.

The national average is down 6.5 cents per gallon from a month ago and stands 37.5 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country. The national average price of diesel has increased 1.6 cents in the last week and stands at $3.71 per gallon. 

Patrick De Haan, head of petroleum analysis at GasBuddy said, “It’s been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of price cycling states experienced the most noticeable fluctuations.” He added, “Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we’ll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook.”