MADISON, WI (WTAQ-WLUK) – What a difference a week makes. After a significant increase in gas prices across the Great Lakes, gas prices have now made a significant decrease.
The average price at the pump in Green Bay has fallen 29.7 cents per gallon in the last week, averaging $3.51/g today, according to GasBuddy. Prices in Green Bay are 10.9 cents per gallon lower than a month ago and stand 42.1 cents per gallon higher than a year ago.
Neighboring areas and their current gas prices:
Appleton- $3.49/g, down 26.6 cents per gallon from last week’s $3.76/g.
Wisconsin- $3.57/g, down 25.1 cents per gallon from last week’s $3.82/g.
Michigan- $4.01/g, down 18.7 cents per gallon from last week’s $4.20/g.
The national average price of gasoline has fallen 2.6 cents per gallon in the last week, averaging $3.76/g today.
Patrick De Haan, head of petroleum analysis at GasBuddy:
“After rising the week prior, the national average has changed directions again, posting a modest weekly decline with prices dropping in a majority of states. The decline has been partly driven by Great Lakes states, where prices fell by 15-25 cents per gallon due to an improvement in the refining situation, and also oil prices, which fell back under $90 per barrel last week. With oil prices remaining volatile, the outlook is murky, but I’m hopeful in the lead up to Thanksgiving we’ll see prices declining in more states, while others may not be quite as lucky. Regardless, we’ll still be seeing the most expensive Thanksgiving Day prices on record.”
The national average price of diesel has risen 2.3 cents in the last week and stands at $5.34 per gallon.
Check out gas prices nationwide or the gas price comparison by state
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