By Tim Mandese, Cowboy State Daily
Wyoming’s gas price increased by 1.6 cents over the previous 24 hours on Tuesday to average $4.08.
The website GasBuddy.com, which tracks national gas prices, reported Wyoming’s average gas price was up 0.7 cents per gallon from one week ago and by $1.18 per gallon from one year ago.
Wyoming’s average price for gasoline remained below the national average of $4.126 for a gallon of regular.
High and Low Prices:
The highest gasoline price in Wyoming on Tuesday was in Jackson at $4.86 per gallon. The price war in Gillette continued, with M.G. Oil Co. at 502 El Camino Rd. and the Maverik at 1616 U.S. Highway 14-16, both selling gas for $3.75 per gallon.
The county with the highest average price was Teton at $4.39 per gallon and the county with the lowest average was Campbell, at $3.93. These are the highest and lowest reported prices among those stations surveyed.
Today’s Big Movers:
Albany and Uinta counties were both down 9 cents per gallon; Converse County was up 11.
*The average price per gallon of regular in each Wyoming county:
Albany $4.04; Big Horn $4.06; Campbell $3.93; Carbon $4.06; Converse $4.10; Crook $4.06; Fremont $4.17; Goshen $3.94; Hot Springs $4.16; Johnson $4.00; Laramie $3.97; Lincoln $4.06; Natrona $3.96; Niobrara $4.08; Park $4.22; Platte $4.06; Sheridan $4.01; Sweetwater $4.18; Sublette $4.06; Teton $4.39; Uinta $4.34; Washakie $4.06; Weston: $4.03
*The lowest price per gallon, reported in major Wyoming cities:
Basin $4.15; Buffalo $3.94; Casper $3.92; Cheyenne $3.92; Cody $4.20; Douglas $3.91; Evanston $4.27; Gillette $3.75; Jackson $4.37; Kemmerer $4.39; Laramie $3.84; Lusk $3.99; Newcastle $3.92; Pinedale NO REPORT; Rawlins $3.99; Riverton $4.09; Rock Springs $4.16; Sheridan $3.92; Sundance NO REPORT; Thermopolis $4.13; Wheatland $4.08; Worland $4.08.
This is getting tough. Lately, gas prices have been harder to track than Bigfoot! There have been some areas of relatively steady prices, such as Gillette. The prices in other locations seem to jump up and down with no rhyme or reason. Part of that might be supply and demand.
When a smaller town’s gas stations fill up their tanks, it takes longer for them to empty due to lower demand. They might buy gas when the price is low and by the time they are ready for a refill, the price might have jumped 30 cents. It is just as likely that the reverse is true.
This makes for some real head scratchers, such as on Monday, when Albany County’s price jumped by 30 cents per gallon and Campbell County’s fell by 14 cents.
According to GasBuddy, the price of gas has risen more than 5 cents per gallon over a week ago, to $4.126. This price is still down 13 cents from a month ago.
The website reports that oil prices dropped on fears of more Chinese COVID lockdowns. This would affect China’s demand and thus the global market as a whole.
A barrel of oil is now $10 lower than it was a week ago. The ripple effect will no doubt take time to hit our pumps and just how it will is going to be interesting to track.
You can help us track prices in Wyoming. If you download the GasBuddy app and report prices where you are, I’ll see them an include the lowest and highest in this report.
*Note: Prices in this report are for reference only. They are gathered just prior to posting, and may not reflect prices that have changed since last posted.