Wyoming Gas Prices Fall 3 Cents in Past Week, Nationally Prices May Soon Fall Below $4

Average gasoline prices in Wyoming have fallen 3 cents in the last week, averaging $4.03 a gallon Monday, according to GasBuddy surveys.

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Prices in Wyoming are 4.5 cents higher than a month ago and $1.18 higher than a year ago, with the cheapest station in Wyoming being priced at $3.59 a gallon Sunday while the most expensive was $4.59 a gallon.

Natrona County currently is the second cheapest average gas price at $3.88 a gallon, with Albany County as the cheapest at $3.79 a gallon, while Lincoln County is the most expensive at an average of 4.40 a gallon.

The national average price of gasoline has fallen 7.5 cents in the last week, averaging $4.10 a gallon Monday, with the national average down 23.3 cents from a month ago and $1.25 from a year ago.

Wyoming is the 19th most expensive state in the country, while Oklahoma is the cheapest average state on Monday at $3.62 a gallon while California continues to be the most expensive state at $5.76 a gallon.

Crude oil prices have fallen below $100, down to $94.64 a barrel, down from a recent high of $107 a barrel on March 8, the highest since August 2013, and approaching the most recent low of $93.59 on March 16.

Patrick De Haan, head of petroleum analysis at GasBuddy, said:

"Gas prices have continued to move in the right direction - down- saving Americans approximately $100 million every day compared to when prices peaked about a month ago. And, more good news is on the horizon: the national average this week will likely fall back under the critical $4 per gallon mark," De Haan said. "It remains possible that gas prices may have hit their 2022 peak, barring the typical caveats like the Russia war on Ukraine, the economy, hurricane season and Covid don't take drastic and unexpected turns. Diesel prices are also falling and likely to go back under the $5 per gallon average this week. The situation, for now, continues to show signs of improving, with the national average falling back into the $3 range as early as this week."