Wyoming Gasoline Prices Fall Below National Average Again
(Gillette, Wyo.) Wyoming gas prices are once again dropping below the national average. The average gasoline price per gallon in Campbell County today is $2.21, according to Gasbuddy, a crowdsourcing website for gasoline prices around the country.
In November, the average gasoline in Wyoming had dropped as much as 9 cents per gallon below the national average. Then as December rolled around, average national prices plummeted faster than Wyoming’s average price, bringing the two in line.
On December 18, the average national price and the average state price were at about $2.42 per gallon. Then, national prices began to climb and Wyoming’s average price began to drop.
This week, they fell to $2.37 per gallon in Wyoming, while the national price was up around $2.49. In the past few days, national prices climbed 5 cents per gallon.
California and the West Coast continue to have the highest prices in the country. In the Lost Angeles area, prices are nearly a buck per gallon higher than they are here in Campbell County.
Tracking the causes of these shifts can be difficult, since there can be such long lag times before an event. Natural disasters, such as this past summer’s hurricanes, shut down refining capacity on the Gulf Coast. The impacts of this were not felt until months later.
Oil prices are climbing above $60 per barrel, but even that will have little impact for months to come, since that oil has to be refined into gasoline. And along that stream from pump jack to gas pump, a lot of factors can be at play in what the price at the pump ultimately ends up being.
The extreme cold experienced across parts of the country may be contributing to the rise in average national prices.
“Prices at the pump are higher than they were nearly all of last summer, mainly because oil prices remain high and due to the extreme cold weather that caused some snafus at refineries,” said Patrick DeHaan, head of petroleum analysis at GasBuddy.
DeHaan said there’s a strong likelihood national averages will fall, only to rebound in mid-February.
For the time being, Wyoming remains the place to fill up your car for cheap.