GREEN BAY, WI (WTAQ-WLUK) – After weeks of rising from their lows during the coronavirus shutdown, gas prices fell in Northeast Wisconsin’s largest communities over the past week.
According to GasBuddy, the average price of a gallon of gas in the Appleton area was $1.97 on Monday morning, down 5.2 cents from a week earlier. In the Green Bay area, the price fell 1.2 cents to $2.08.
“With July 4 behind us, we’re now half way through the summer driving season, and the pace of gas price increases has finally hit a wall. As of Sunday evening, it appears possible that we may break the nine straight weeks of rising prices thanks to a drop in demand fueled by COVID-19 cases surging in some states,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a news release.
“So far this summer, both holidays have seen the lowest prices since 2004, and its possible that if things don’t improve much by Labor Day we could see the rare trifecta of every summer holiday setting multi-year lows. For now, I believe we may see increases stall and some minor increases or decreases until we see a solid change in the coronavirus situation. For now, some states will see slight increases, some may see slight decreases, but gas prices are essentially stuck in limbo.”
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