(WLUK) — Average gas prices in Green Bay have fallen 11.1 cents per gallon in the last week, averaging $2.87/g today, according to GasBuddy’s survey of 127 stations in Green Bay.
Neighboring areas and their current gas prices:
- Appleton- $2.84/g, down 8.3 cents per gallon from last week’s $2.92/g.
- Wisconsin- $2.92/g, down 6.9 cents per gallon from last week’s $2.99/g.
- Michigan- $3.12/g, down 13.7 cents per gallon from last week’s $3.26/g.
The national average price of gasoline has fallen 1.7 cents per gallon in the last week, averaging $3.09/g today. The national average is down 11.5 cents per gallon from a month ago and stands 37.7 cents per gallon lower than a year ago, according to GasBuddy.
“The national average price of gasoline slipped slightly over the last week, falling alongside oil, which dropped more than $2 per barrel,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “However, a few states— including Florida, Nebraska, and Indiana— bucked the trend, posting double-digit increases per gallon. These areas are prone to a phenomenon known as price cycling, where prices can spike and plunge every couple of weeks even if wholesale costs remain mostly unchanged. While I don’t expect major movement in the national average as we approach August, states impacted by price cycling will likely continue to experience more volatile price swings, while others will see relative stability.”…