Wyoming Gas Prices Increase While National Prices Skyrocket
As we are heading into the first weekend in March, gas prices are on the uptick, but not nearly as much as what we're seeing in other spots around the country, as issues continue to escalate overseas. The national average gas price is up over a full quarter from where it was last week, but Wyoming's increase is a little over half that.
The statewide average gas price in Wyoming is $3.57 per gallon. That price is up 14 cents from just one week ago. A month ago, that average gas price was $3.33, so the upward trend in average price for the Cowboy State continues. The nationwide average is currently $3.83, which is up from $3.57 just a week ago. So Wyoming doesn't have it nearly as bad at the pump as some do just yet.
With issues happening overseas with the Russia invasion of Ukraine, it's looking like an increase in gas price may be an issue for everyone in not just the U.S., but also the rest of the world. How does the Russian attack affect us? It's because Russia produces approximately 17 percent of natural gas and 12 percent of the world's oil. As AAA has noted, with sanctions hitting Russia due to their attack on Ukraine, crude oil prices are already up to $110.60 per barrel, which is the highest price since May 2011.
As for the cheapest local prices, both Laramie County and Albany County remain as some of the cheapest in all of Wyoming. Laramie County's average gas price per gallon is at $3.49 while Albany Country is at $3.46 per gallon.
The Loaf N' Chug on Lincolnway in Cheyenne currently has gas for $2.95 per gallon with the next lowest at Gasamat on Lincolnway, at $3.27 per gallon. In Laramie, Pilot on McCue St. is at $3.35 per gallon while the Gasamat on 3rd St. is at $3.37 per gallon.
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