Lowest Nationwide, Wyo Gas Prices Following Usual Trend

Lowest Nationwide, Wyo Gas Prices Following Usual Trend

While the rest of the country braces for increasing prices at the pump entering spring months, Wyoming prices remain the lowest in the country at an average of about $3.15 per gallon.

Tara Hanley Assistant Manager of Public Affairs for AAA MountainWest.

Wyoming prices have gone up ten cents in the past week, but have yet to hit the 2011 high of $3.68 last May. Wyoming's all-time high was $4.12 in July 2008. Prices in the Cowboy State are almost always the cheapest; refineries have access to inland, landlocked crude that doesn't rely as much on the global crude market, Hanley explained.

She says that though AAA doesn't make predictions, trends do push gas prices up in the spring and summer months. Two of those trends being the price of crude oil and supply and demand. Right now, the price of coastal crude and global crude is expensive while inland crude is cheap, so that range and variance creates a roller coaster effect, she said. International issues including tensions with Iran and economic uncertainty in European countries puts pressure on prices of crude.

AAA reports gas prices based on credit card transactions with a survey pool of about 125,000 gas stations, Hanley added. Prices are based on actual credit card swipes.

If you're interested in keeping track of state gas prices as they relate to the rest of the country you can visit AAA MountainWest's website.

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