Gas prices in Wisconsin are now under $3 per gallon, on average, for the first time since last winter.
According to data from AAA , the average gas price per gallon in the state has fallen from $3.37 a month ago to under $2.98 on Monday. This also represents a significant drop from this time last year when Wisconsin’s average price was $3.66 per gallon.
Additionally, prices are dropping nationwide ― from $3.43 per gallon on average last month to about $3.21 on Monday, AAA says.
These are the lowest prices Wisconsin has seen since February 2024, data from GasBuddy.com shows, and they could approach the lowest seen nationwide in three years, Gas Buddy head of petroleum analysis Patrick De Haan said.
So, what’s causing this steep drop in prices at the pump, and what can Wisconsinites expect in the coming months? Here’s what to know.
Gas prices are under $3 in Milwaukee and continue to decline
Average gas prices in the Milwaukee-Waukesha metro area are about $2.90 per gallon on Monday, AAA says .