Gas drops 26.7 cents in Wyo.

GILLETTE (Wyoming News Exchange) — Wyoming gas prices have fallen 10.4 cents per gallon in the past week, averaging $2.16 per gallon Monday, according to GasBuddy’s daily survey of 494 stations.

Like everything else in the nation these days, the cause of the lower prices is the coronavirus. People are staying home and driving far less than they did two weeks ago. It has led to “an unprecedented drop never before seen in U.S. gasoline demand, causing prices to sink like a rock,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

“Today, we enter the 38th straight day the national average gas price has fallen, and the first week of the national average being under $2 a gallon for the first time in over four years as motorists park their cars and shelter in place,” he said.

“With the nation continuing to be under siege from the coronavirus and millions staying parked at home, there’s quite a bit more downside that’s in the pipeline coming in the weeks ahead. We could easily see the national average fall 50 cents to a dollar per gallon,” DeHaan said.

Gas prices in Wyoming are 26.7 cents per gallon lower than a month ago and stand 28.8 cents per gallon lower than a year ago.

The cheapest station in Wyoming is priced at $1.59 a gallon Monday.

while the most expensive is $2.79 a gallon, a difference of $1.20.

The national average price of gasoline has fallen 10.1 cents per gallon in the last week, averaging $1.97 a gallon Monday. The national average is down 45.5 cents per gallon from a month ago and stands 72.7 cents per gallon lower than a year ago.

The drop has seen 29 states average gas prices fall under $2.

 

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