Gas prices continue to drop hitting multi-year lows

(WLUK) — Average gasoline prices in Green Bay have fallen 5.3 cents per gallon in the last week, averaging $2.63/g today, according to GasBuddy.

Neighboring areas and their current gas prices:

  • Appleton- $2.59/g, down 5.6 cents per gallon from last week’s $2.65/g.
  • Wisconsin- $2.56/g, down 7.6 cents per gallon from last week’s $2.64/g.
  • Michigan- $2.79/g, down 13.9 cents per gallon from last week’s $2.93/g.

The national average price of gasoline has fallen 5.0 cents per gallon in the last week, averaging $2.90/g today.

“Gas prices continued to decline in most states last week, while some price cycling states saw temporary spikes to restore margins,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With the national average falling further, we’re now at multi-year lows heading into Christmas. Diesel prices are also easing, and in the cheapest cities, averages have dipped into the low-$2 range—with a few stations still offering gas under $2 per gallon. Barring any major disruptions, prices are likely to stay relatively low into the new year.”…

Story continues

TRENDING NOW

LATEST LOCAL NEWS