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Home U.S. & World

Wisconsin experiences a sudden increase in gas prices due to refinery outage

by Jennifer Mills
July 22, 2024
in U.S. & World
0
Wisconsin experiences a sudden increase in gas prices due to refinery outage
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In August 2023, WLUK reported on the topic of fuel prices, specifically the prices of gas and the state of gas stations.

According to GasBuddy, gas prices in Green Bay have increased by 17.4 cents per gallon over the past week, with an average of $3.38/g today.

Gas Prices in Surrounding Areas:

    • Appleton- $3.39/g, up 20.0 cents per gallon from last week’s $3.19/g.
    • Wisconsin- $3.42/g, up 14.1 cents per gallon from last week’s $3.28/g.
    • Michigan- $3.68/g, up 10.5 cents per gallon from last week’s $3.58/g.

Gasoline prices have dropped by 1.9 cents per gallon on a national level over the past week, settling at an average of $3.47/g today.

“Gasoline prices in most parts of the country have stabilized due to lower demand, a lull in tropical activity, and increased supply,” explained Patrick De Haan, GasBuddy’s Head of Petroleum Analysis. However, a major refinery located outside Chicago was severely impacted by a weather-related power outage last week, leading to a significant hike in gasoline prices in Illinois, Wisconsin, Indiana, and Michigan. This incident has highlighted the critical role refineries play in the industry and the impact they have on gasoline prices. Nevertheless, De Haan is optimistic that relief will eventually arrive, and he hopes to see gas prices continue to decrease slightly as summer vacations come to an end in the upcoming week.”

In the past week, the price of diesel has experienced a 4.0 cent decrease on a national level, with the current average standing at $3.79 per gallon.

Reference Article

 

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