Wyoming Gasoline Prices Keep Falling
Average retail gasoline prices in Wyoming have fallen 2.2 cents per gallon in the past week, averaging $1.91/g yesterday, according to GasBuddy's daily survey of 494 gas outlets in Wyoming. This compares with the national average that has fallen 1.8 cents per gallon in the last week to $1.97/g, according to gasoline price website GasBuddy.com.
Areas nearby Wyoming and their current gas price climate:
Fort Collins- $1.81/g, down 2.3 cents per gallon from last week's $1.84/g.
Ogden- $1.99/g, up 0.7 cents per gallon from last week's $1.98/g.
Billings- $1.96/g, down 1.8 cents per gallon from last week's $1.98/g.
Including the change in gas prices in Wyoming during the past week, prices yesterday were 22.5 cents per gallon lower than the same day one year ago and are 11.2 cents per gallon lower than a month ago. The national average has decreased 3.8 cents per gallon during the last month and stands 15.6 cents per gallon lower than this day one year ago.
"The first week of January seems to be on par with prior years," said Jeff Pelton, GasBuddy senior petroleum analyst. "History has shown that 12 of the past 16 Januarys have yielded the worst demand for the year. If Wednesday’s EIA report is indicative of things to come in the next 3 weeks, this January may prove to be no different. The tension between Saudi Arabia and Iran while traditionally would cause a rise in oil prices, the times have changed and the incentive now is for the Saudis to pump away and keep Iran’s coffers as empty as they can. Add to the mix the turmoil in the Chinese financial markets which has roiled the US stock market and you should get gas prices which will decline thru the month," he said.