gasoline

Gasoline prices have risen in much of the country over the last week as crude oil prices rose to over $50 per barrel.

Average retail gasoline prices in Wyoming have fallen 2.9 cents per gallon in the past week, averaging $2.20/g yesterday.

After watching local gasoline prices stay slightly but steadily high for the last few weeks, there is finally a little downward movement on the cost of a gallon of regular. GasBuddy.com says the average price has dropped 2.9 cents per gallon...

This compares with the national average that has fallen 1.8 cents per gallon in the last week to $2.17/g.

With the conclusion of Labor Day weekend comes the end of the summer driving season in the world's largest gasoline consuming country, setting the stage for gasoline demand and prices to fall.

As oil prices have continued to lift, gasoline prices may see additional slight increases in some parts of the country again this week, but overall, gasoline and diesel prices remain very low.

Prices yesterday were 56.0 cents per gallon lower than the same day one year ago and are 6.3 cents per gallon lower than a month ago.

Average retail gasoline prices in Wyoming have fallen 1.3 cents per gallon in the past week.

Despite fuel consumption near record levels, U.S. gasoline inventory recently reached the highest July level ever recorded.

The energy sector declines have seen layoffs in the immediate oil rigs, transport and insularly job market. Government layoffs and hiring freezes have also hit Wyomingites. Tourism is also important to our state’s economy and with low gasoline prices, it’s easier for people to come visit one of the most beautiful places in the world...

Even an uptick in demand for gasoline during the Fourth of July weekend couldn’t slow falling retail gasoline prices.

Should we see a major hurricane enter the Gulf, gas prices may react.