Gas Prices Continue to Fall Across Wyoming

Average gasoline prices in Wyoming have fallen 4.1 cents per gallon in the last week, averaging $2.63/g, according to GasBuddy’s survey of 494 stations in Wyoming. Prices in Wyoming are 18.9 cents per gallon lower than a month ago and stand 75.3 cents per gallon lower than a year ago.

The cheapest station in Wyoming was priced at $2.07/g while the most expensive was $3.40/g, a difference of $1.33/g.

The national average price of gasoline has risen 4.5 cents per gallon in the last week, averaging $3.07/g. The national average is down 4.1 cents per gallon from a month ago and stands 41.2 cents per gallon lower than a year ago. The national average price of diesel has fallen 0.5 cents in the last week and stands at $3.87 per gallon.

Historical gasoline prices in Wyoming and the national average going back ten years:

January 29, 2023: $3.38/g (U.S. Average: $3.49/g)
January 29, 2022: $3.28/g (U.S. Average: $3.36/g)
January 29, 2021: $2.24/g (U.S. Average: $2.42/g)
January 29, 2020: $2.51/g (U.S. Average: $2.48/g)
January 29, 2019: $2.34/g (U.S. Average: $2.27/g)
January 29, 2018: $2.41/g (U.S. Average: $2.58/g)
January 29, 2017: $2.16/g (U.S. Average: $2.26/g)
January 29, 2016: $1.76/g (U.S. Average: $1.81/g)
January 29, 2015: $1.92/g (U.S. Average: $2.04/g)
January 29, 2014: $3.05/g (U.S. Average: $3.27/g)

Neighboring areas and their current gas prices:

Fort Collins- $2.67/g, up 13.9 cents per gallon from last week’s $2.53/g.
Ogden- $2.55/g, down 5.2 cents per gallon from last week’s $2.60/g.
Billings- $2.78/g, down 4.9 cents per gallon from last week’s $2.83/g.

“We’ve seen the national average price of gasoline bounce back up after cold weather related refinery shutdowns pushed up the wholesale price of gasoline. Plus, recent GDP data and new attacks in the Red Sea have pushed oil prices to their highest level since November,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“While prices have inched up and may continue to slowly rise, I believe the larger increases will be witnessed in a few weeks as we enter mid-February, lasting through April or May, during which the national average could rise 35 to 85 cents per gallon. Other issues and tensions could complicate how quickly prices rise or how high they go, so while the rise is not completely charted, it could deviate from our expectations.”