
CHEYENNE (WNE) — Average gasoline prices in Wyoming have fallen 6.6 cents per gallon in the last week, averaging $4.26 per gallon Monday, according to GasBuddy.com’s survey of 494 stations in Wyoming.
Prices in Wyoming are 11.6 cents per gallon lower than a month ago, and stand $1.23 per gallon higher than a year ago. The national average price of diesel has decreased 13.8 cents compared to a week ago, and stands at $5.299 per gallon.
According to GasBuddy price reports, the lowest price in the state Sunday was $3.60 per gallon, while the highest was $5.19, a difference of $1.59 per gallon.
The national average price of gasoline has fallen 17.9 cents per gallon in the past week, averaging $4.09 per gallon today. The national average is down 45.2 cents per gallon from a month ago and stands $1.02 per gallon higher 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.
“Average gasoline prices declined in virtually every state over the last week as oil prices continued to fall, with crude approaching $90 per barrel and refiners ramping up output following seasonal maintenance,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“The combination of lower oil costs and improving refinery runs has kept downward pressure on pump prices, giving motorists a welcome reprieve. However, the future of prices remains murky. With the Strait of Hormuz remaining effectively closed, global oil supplies continue to tighten, and any further deterioration in the situation could send prices sharply higher. For now, motorists may enjoy the savings at the pump, but the risk of a significant reversal has not gone away.”
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