GREEN BAY, WI (WTAQ) – According to GasBuddy, drivers in the Green Bay area were paying an average of $2.36 per gallon at the pump as of Sunday, a 1.6-cent drop from a week earlier.
In the Appleton area, the fall was even more pronounced, as the average price was down 2.7 cents to $2.25.
Analysts are keeping an eye on the policies of newly inaugurated President Donald Trump to see what impact they will have on gas prices.
Gregg Laskoski is a senior petroleum analyst for GasBuddy
“One of the first announcements made by the new Administration was its ‘America First Energy Plan’ which states that ‘Producing more energy is in America’s national security interest.’ It said: ‘President Trump is committed to achieving energy independence from the (Organization of Petroleum Exporting Countries) cartel and any nations hostile to our interests. At the same time, we will work with our (Persian) Gulf allies to develop a positive energy relationship as part of our antiterrorism strategy. While it’s too soon to speculate what such a plan might mean in the long term for prices at the pump, for now we expect another week of nominal decreases in retail gas prices.”
Laskoski added. “Refineries are unloading winter-blend gasoline at ‘fire sale’ prices.”
The national average price was $2.30 per gallon as of Sunday, 3.2 cents lower than a week earlier.
