(WLUK) — Average gasoline prices in Green Bay have fallen 6.9 cents per gallon in the last week, averaging $2.87/g today, according to GasBuddy.
Neighboring areas and their current gas prices:
- Appleton- $2.85/g, down 3.6 cents per gallon from last week’s $2.88/g.
- Wisconsin- $2.92/g, down 4.5 cents per gallon from last week’s $2.96/g.
- Michigan- $3.11/g, down 12.8 cents per gallon from last week’s $3.24/g.
The national average price of gasoline has fallen 5.3 cents per gallon in the last week, averaging $3.09/g today.
“Nearly every state saw average gas prices decline for the second straight week, even as the nation celebrated July 4 with the lowest national average for Independence Day since 2020,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “That downward momentum may continue, as OPEC’s weekend decision to boost production by a larger-than-expected 548,000 barrels per day in August adds further pressure to oil prices— potentially accelerating supply builds. If tensions in the Middle East remain contained and the Gulf is spared from major hurricanes, the odds are improving that the national average could dip below $3 per gallon later this summer, but in the meantime we could see the national average falling to its lowest summer level since the pandemic.”…