Wyoming Gas Price Update

By Bryce Cornatzer
4 August 2014

Average retail gasoline prices in Wyoming have fallen 2.7 cents per gallon in the past week, averaging $3.58/g yesterday, according to GasBuddy.com. This compares with the national average that has fallen 1.5 cents per gallon in the last week to $3.49/g.

Including the change in gas prices in Wyoming during the past week, prices yesterday were 5.0 cents per gallon lower than the same day one year ago and are 0.5 cents per gallon higher than a month ago. The national average has decreased 16.4 cents per gallon during the last month and stands 12.3 cents per gallon lower than this day one year ago.

"Beginning the month with the lowest pump prices since 2010 is a nice way to start August, but it's unlikely that we'll see gasoline production from coast to coast running as high in August as we'd seen during July," said GasBuddy.com Senior Petroleum Analyst Gregg Laskoski.

"In recent years we've seen August refinery utilization slip a bit below July numbers and if that happens we may see prices increase especially in areas where consumers are flocking to enjoy the remainder of the summer driving season."

 
Filed Under :
Topics : Business_Finance
Location : Wyoming
People : Gregg Laskoski