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 gasbuddy.com
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 gasbuddy.com . He talked with Ken Krall about gas prices...
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
Gasbuddy.com Senior Petroleum Analyst Gregg Laskoski says wholesale prices are to blame for the spike after a long downward trend...
Wisconsin gas prices continue to fall, and that’s great news for July Fourth holiday travelers.
Petroleum Analyst for the website gasbuddy.com, Gregg Laskoski, says the national average has fallen has fallen from $3.64 to $3.49 per gallon. In Wisconsin the decrease has been more dramatic, from $3.93 a month ago down to $3.44 today.
"Wisconsin was hit hard as part of the Great Lakes region and the Plains states that really had tremendous refinery and supply problems from mid-May up until recent weeks..."
Gas prices should be trending downward. That word from Senior Petroleum Analyst for the website gasbuddy.com Gregg Laskoski.
Northwoods motorists have seen prices above $4.00 a gallon for a couple of weeks. Laskoski says the statewide average is $3.98 today. He says summertime is traditionally a time for higher gas prices, but this spike was caused by a refinery problem..