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Gas prices drop almost 10 cents statewide in a week

The least expensive fuel in Star Valley on April 7, 2020 is $1.97 per gallon. The most expensive in the area is $3.15 per gallon per GasBuddy.

GILLETTE (WNE) – Wyoming gas prices have fallen 9.8 cents per gallon in the past week, averaging $2.06 a gallon Monday.

Prices have fallen below $2 a gallon in two counties, Albany at $1.762 and Natrona at $1.812, according to GasBuddy.

Campbell County’s prices remain in the middle of the pack in the 23 counties at $2.072. But two stations — Exxon and Flying J — have dropped below the $2 mark to $1.99.

The highest prices were in Weston County with an average of $2.216 a gallon, and Laramie at $2.22.

Gas prices in Wyoming are 31.9 cents per gallon lower than a month ago and stand 42.3 cents a gallon lower than a year ago. According to GasBuddy, the cheapest station in Wyoming is priced at $1.49 a gallon while the most expensive is $3.15 a gallon, a difference of $1.66.

The reason for the slipping prices, as everything today, is COVID-19. People are driving less so there is less demand for fuel.

The national average price of gasoline has fallen 5.7 cents a gallon in the last week, averaging $1.91 a gallon today. The national average is down 48 cents a gallon from a month ago and stands 84.3 cents a gallon lower than a year ago.

Oil rallied almost $7 a barrel last week upon news of a potential meeting between major oil producers Russia and Saudi Arabia, but then Tuesday’s meeting was postponed.

Wyoming motorists are paying the lowest prices for gas in April since 2016, when the price averaged $1.95 a gallon. The highest price for gas in the last 10 years in Wyoming was in 2012 at $3.58 a gallon.

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