CHEYENNE, Wyo. — While the national average price for a gallon of gasoline rose this past week, Laramie County drivers saw their average decline.
The nation’s average price rose 4.8 cents compared to a week ago, and stands at $3.09 per gallon, according to GasBuddy data compiled from more than 12 million individual price reports. The national average is up 2.2 cents from a month ago and down 9.6 cents from a year ago.
The national average price of diesel has decreased 0.2 cents in the last week to stand at $3.624 per gallon.
“While some states have seen gas prices inching up, much of the country continues to see mostly stable prices. States that experience price cycling have seen increases, while many others have only experienced minor fluctuations,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With tariffs on Mexico and Canada currently on pause, trade policy has yet to directly impact fuel prices. However, refinery issues are creating localized disruptions, particularly on the West Coast, where a refinery fire and the transition to summer gasoline are pushing prices higher. Elsewhere, volatility and seasonal trends continue to drive normal fluctuations.
“For now, the overall direction of gas prices remains typical for this time of year, but we remain on watch for potential policy changes that could impact fuel prices.”
On Monday, AAA reported the national average price for a gallon of regular gasoline at $3.13 per gallon, up 4 cents from last week. Wyoming’s average is $2.99, up 1 cent. Laramie County’s average of $2.89, down 1 cent, is among the cheaper of the state’s county averages.
Natrona County’s average of $2.70, down 3 cents, remains the cheapest in the state, according to AAA. Albany County has the second cheapest average at $2.73 after falling 2 cents from last week, while Johnson County has the third cheapest at $2.81 per gallon after rising 5 cents.
The cheapest fuel in Laramie County today is $2.65 at Sam’s Club, 1948 Dell Range Blvd., followed by $2.72 at Walmart, 580 Livingston Ave., according to GasBuddy’s report.
Also included in GasBuddy’s report:
OIL PRICES
Oil markets remained under pressure last week, with WTI crude falling around $3 per barrel to close near $71 amid growing concerns over the global economy following new tariffs imposed by President Trump. Trade tensions escalated as China responded with retaliatory measures, heightening fears of a broader economic slowdown and weighing on oil prices. However, in early Monday trading, crude prices rebounded after Trump announced new tariffs on steel and aluminum imports, with WTI rising $1.03 to $72.03 per barrel and Brent gaining $1.02 to $75.68 per barrel.OIL AND REFINED PRODUCTS
Last week’s report from the Energy Information Administration showed a large 8.7 million barrel increase in U.S. oil inventories, while the SPR rose 300,000 barrels and domestic oil production rose 238,000 bpd to 13.478 million. Gasoline inventories rose 2.2 million barrels, with motor gasoline implied demand, EIA’s proxy for retail demand, rising 25,000 bpd to 8.328 million. Distillate inventories fell 5.5 million barrels as cold weather boosted heating oil demand and diesel consumption. Refinery utilization rose 1 percentage point to 84.5%, with gasoline production falling to 9.2 million barrels per day, while distillate production fell to 4.6 million barrels per day.GAS PRICE TRENDS
The most common U.S. gas price encountered by motorists stood at $2.99 per gallon, unchanged from last week, followed by $2.89, $3.09, $3.19, and $2.79 rounding out the top five most common prices.The median U.S. gas price is $2.99 per gallon, up 5 cents from last week and about 10 cents lower than the national average.
The top 10% of stations in the country average $4.31 per gallon, while the bottom 10% average $2.56 per gallon.
The states with the lowest average prices: Mississippi ($2.63), Texas ($2.67), Louisiana ($2.70).
The states with the highest average prices: California ($4.54), Hawaii ($4.51), and Washington ($3.96).
Biggest weekly changes: Ohio (+19.6¢), California (+10.4¢), Oregon (+8.7¢), Florida (+8.6¢), Minnesota (+8.6¢)
DIESEL PRICE TRENDS
The most common U.S. diesel price stood at $3.59 per gallon, down 10 cents from last week, followed by $3.49, $3.39, $3.29, and $3.69, rounding out the top five most common prices.The median U.S. diesel price is $3.51 per gallon, up 1 cent from last week and about 11 cents lower than the national average.
Diesel prices at the top 10% of stations in the country average $4.50 per gallon, while the bottom 10% average $3.09 per gallon.
The states with the lowest average diesel prices: Oklahoma ($3.20), Texas ($3.25), and Mississippi ($3.28).
The states with the highest average diesel prices: Hawaii ($5.32), California ($4.95), and Washington ($4.35).
Biggest weekly changes: Iowa (+9.4¢), Minnesota (+8.3¢), Florida (-7.0¢), Utah (+6.3¢), Idaho (+5.9¢).
