Wyoming has lost its claim to selling the cheapest gas in the region because of its new higher fuel tax.
During the past decade, Wyoming's average gas prices have generally been at or below the average price in Colorado. But that trend has been reversed since Wyoming increased its tax by 10 cents a gallon in July.
The Associated Press reports that Wyoming caught up with Colorado on Monday and gas is now selling in both states at an average of $3.02 gallon. The average price in Montana is $3.00 and $3.04 in Nebraska. Locally, in Sheridan, the low recorded in the past 24 hours by the gas tracking website, GasBuddy.com, was $3.09 at the Gasamat, Maverik and Common Cents stations, which are all located on Main Street.
Prices in Wyoming and neighboring states still remain among the lowest in the nation. That's because the gasoline produced in the Rocky Mountain region comes from Canadian crude oil, which is among the cheapest in the world.