gas prices

After the loss of gas refinery production due to Hurricane Harvey, production has slowly come back on line and gas prices are falling.

That's the word from Senior Petroleum Analyst Patrick DeHaan at the website

"....gas prices continue to move down. We've seen the national average go down for the fifth consecutive week and that's what we're seeing across much of the Midwest....seeing prices continue to move down after Hurricane Harvey...."

Wikimedia Commons Anthony Inswasty

Gas prices are moving up again as the warmer weather driving months appoach.

Senior Petroleum analyst for the website gas buddy dot com....Patrick DeHaan  gives us an update....

".....prices across Wisconsin, $2.40 a gallon. Prices are a couple cents higher than that in Rhinelander with most prices at $2.42. We're looking at prices that are about 20 cents higher than a month ago. We've continued to see prices advance. This is the time of the year we generally see gas prices go up....."

Wikimedia Commons

The holiday Grinch has arrived at the gas pumps, as prices are rising before two travel weekends coming up.

Senior Petroleum analyst at the website, Patrick DeHaan, says the recent cold weather was a factor in prices going up a few cents at the pump....

"....the extreme cold over the last week has resulted in at least temporarily refinery 'glitches' that should be resolved in the next week or so. At least for now it's impacting the price of gasoline locally...."

A few weeks ago, petroleum industry analysts were predicting gas prices would continue a steady decline for the rest of the year. That prediction proved to be wrong this week with the discovery that several gas refineries in the Midwest have shut down for maintenance.

Petroleum analyst for the website, Patrick DeHaan says scheduled and unscheduled refinery maintenance will put a spike in pump prices...

Decreasing Gas Prices for Labor Day Weekend

Sep 2, 2015

 One year ago, motorists were complaining the price of gasoline for Labor Day travel was high. This year, not so much.

That's the assessment of a petroleum analyst for the website .

Patrick DeHaan says prices in Wisconsin are averaging $2.56. down from $3.44 one year ago.

DeHaan says it's a matter of supply and demand...

No that isn't an illusion you're seeing at Northwoods gas stations. Gas prices are dropping and prices here are at that state average of $2.69 a gallon for regular unleaded.

Senior Petroleum Analyst for the website gasbuddy. com ,Patrick DeHaan,  says ample supply is keeping prices down even during the peak travel season...

"....a lot of it really at the hands of a drop in crude oil prices. Over the last week and a half, the price has dropped from $10 a barrel, currently at $47 dollars a barrel. Because of that big decline, the price of gasoline has followed...."

Next, we hear from Senior Petroleum Analyst for the website

Ken Krall talked with Gregg Laskoski about the national gas price average dropping below two dollars a gallon and if the trend will continue....

That's Gregg Laskoski from the website


Gas prices keep falling, but don't expect them to keep falling indefinitely.
That's the word from Triple "A" of Wisconsin's Nick Jarmusz..

".....we track gas prices everyday and the Wisconsin state average has fallen below three dollars a gallon for the first time since Dec. 21 of 2010. These are some....unusually low gas prices...."

So why are the prices dropping so fast?

You've probably noticed gas prices slipping a bit since Labor Day. In the Northwoods, you assume it's tourist related, but the reality is it's a change being done at the oil refineries...

"....the summer requirement for summer-blend gasoline expired on September 15. That means refineries can put back into the market the lower cost gas, which is the winter blend gasoline. It costs less because it takes less time to produce it and it has fewer additives...."

That's Greg Laskoski, a Senior  Petroleum Analyst for the website

A nation that is awash with oil will cause gas prices to plummet soon, even in the middle of the  tourist-busy summer season. That assessment from Patrick DeHaan, a Senior Petroleum Analyst for the website . He talked with Ken Krall about gas prices...

  Patrick DeHaan from the website

Corn is likely one  reason why gas prices have inched up lately, but there is another reason.

A petroleum analyst for the website gas buddy dot com says gas refiners are still in the process of shifting over to summer blend gasoline  so states can meet federal air quality rules.

Just before Christmas, gas prices took a jump after falling to about $3.11.  

Patrick DeHaan, a petroleum analyst for the website Gas told Ken Krall this likely is a short-term rise.

DeHaan says another factor in rising gas prices, tension in the oil-producting Middle East, is beginning to lessen. He says that factor also is stabilizing prices.

Holiday gas prices are expected to be stable but longer term they are likely to rise again, according to a petroleum analyst for the website gas buddy dot com

Prices have been declining since summer, with some stations in Milwaukee below $3.00 a gallon.

Patrick DeHaan says as the weather gets colder people don't drive as much...

Gas prices had dropped to $3.31 per gallon this week, then Wednesday the price rapidly spiked to $3.49 per gallon in Rhinelander and Eagle River, $3.39 in Minocqua, but held at $3.30 in Antigo, according to the website gasbuddy. com  Senior Petroleum Analyst Gregg Laskoski says wholesale prices are to blame for the spike after a long downward trend...

A gas price expert says the good news is fuel prices will be dropping this fall, the bad news is U.S. drivers spent $3 billion dollars more this summer on gas than in 2012.

Petroleum Analyst Gregg Laskoski from the website