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Gas prices down slightly as demand drops during Thanksgiving

GILLETTE (WNE) — Less travel over the Thanksgiving holiday helped keep down gas prices.

Wyoming gas prices fell 1.6 cents a gallon in the past week, averaging $2.15 a gallon Monday, according to GasBuddy’s daily survey of 494 stations.

Gas prices in Wyoming are 0.9 cents per gallon higher than a month ago and stand 52.5 cents per gallon lower than a year ago.

Gas in Campbell County averaged $2.076, the fourth lowest in the state behind Albany ($1.924), Laramie ($1.992) and Goshen counties ($2.059).

The cheapest station in Wyoming is priced at $1.79 a gallon while the most expensive is $2.59 a gallon, a difference of 80 cents, according to the report.

The national average price of gasoline has risen 1.8 cents per gallon in the last week, averaging $2.11. The national average is unchanged from a month ago and stands 47.6 cents per gallon lower than a year ago.

“Subdued traffic” over the Thanksgiving weekend kept prices stable, with demand the lowest since spring, said Patrick De Haan, head of petroleum analysis for GasBuddy. “With oil holding near a pandemic high around $45 per barrel, we may see additional upward pressure in the weeks ahead, but it’s unlikely to be earth shattering.

“We’re likely to remain in somewhat of a limbo until early 2021 or vaccines begin to see widespread distribution and Americans slowly start venturing back to their normal lifestyle — if they ever do.”