(WLUK) — Average gasoline prices in Green Bay have risen 14.0 cents per gallon in the last week, averaging $3.82/g today, according to GasBuddy.
Neighboring areas and their current gas prices:
- Appleton- $3.74/g, up 14.2 cents per gallon from last week’s $3.60/g.
- Wisconsin- $3.78/g, up 12.2 cents per gallon from last week’s $3.66/g.
- Michigan- $4.14/g, up 21.9 cents per gallon from last week’s $3.92/g.
The national average price of gas has risen 13 cents per gallon in the last week, averaging $3.95/g today. The national average is up 6.5 cents per gallon from a month ago and stands 85.7 cents per gallon higher than a year ago.
“Average gasoline and diesel prices rose in nearly every state for the second straight week, with the national average price of gasoline likely to reach $4 per gallon within the next 48 hours and diesel already back above $5 per gallon nationally,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the ongoing U.S.-Iran situation continues to weigh on markets, the story is increasingly less about crude oil and more about global refining capacity — the Strait of Hormuz remains closed while continued Ukrainian attacks on Russian refineries further squeeze an already strained supply picture. With WTI crude approaching $85 per barrel in Sunday night trading, price-cycling markets are likely to see another jolt higher in the coming days, and motorists should brace for a rougher stretch ahead.”…