Gas prices top $2 per gallon in Wisconsin
MILWAUKEE (AP) — The price of gas has passed the $2 mark again.
AAA reports the average price for a gallon of regular fuel is $2.01 statewide.
That's up 6 cents per gallon from a month ago, but still much less than a year ago, when the average was $3.03.
AAA says the national average is $1.97 per gallon, up 14 cents from a month ago, but down from $3.01 a year ago.
In the Milwaukee area, the average price was $2.03 per gallon Monday.
The lowest average price for one of the state's metro areas is in Janesville and Beloit, where gas is $1.96 per gallon. Eau Claire has the highest average price at nearly $2.06 per gallon.
Feb 17, 2009 at 12:34 p.m.
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barrel price is down to $36 and change and as that goes DOWN our prices per gallen seems to keep going UP. we are like dry grass, getting hosed.
Feb 16, 2009 at 8:53 p.m.
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No real good reason.It just is.
Feb 16, 2009 at 5:38 p.m.
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Let's see - crude oil price is staying basically the same but gasoline prices are rising - what's wrong with this picture..??
Feb 16, 2009 at 4:19 p.m.
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"The price of gas is indeed tied to oil. It's just a matter of which oil.
The benchmark for crude oil prices is West Texas Intermediate, drilled exactly where you would imagine. That's the price, set at the New York Mercantile Exchange, that you see quoted on business channels and in the morning paper.
Right now, in an unusual market trend, West Texas crude is selling for much less than inferior grades of crude from other places around the world. A severe economic downturn has left U.S. storage facilities brimming with it, sending prices for the premium crude to five-year lows.
But it is the overseas crude that goes into most of the gas made in the United States. So prices at the pump will probably keep going up no matter what happens to the benchmark price of crude oil."
http://news.yahoo.com/s/ap/20090216/ap_o...
Feb 16, 2009 at 3:12 p.m.
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it's all bush and his cronies.
oh wait, gw is not president anymore.
Feb 16, 2009 at 1:52 p.m.
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... Oil companies have been well "stimulated" by our government for decades... they get a greater portion of tax relief and subsidies than any other industry in the world.
$2 doesn't even begin to reflect the actual cost of a gallon of gasoline.
Feb 16, 2009 at 1:46 p.m.
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mcdaddy, I was thinking the same thing, sure would hate to be in oil right now..LOL. About 3 weeks ago gas was $2.14 for a few days up here, it's been 2.09 ever since. Got to "stick it" to the snomobilers I guess. Then summer will come and they "stick it" to the tourists. They don't give a rip about the actual residents that live up here all year long. (way northern Wisconsin)
Feb 16, 2009 at 1:40 p.m.
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Sounds like a built-in stimulus for the big oil companies,LOL
Feb 16, 2009 at 12:51 p.m.
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its hard times for Oil companies too right now, with everyone trying to go green, and not driving as much as they did before because of habits changed when gas was at $4 a gallon. I mean the companies made only $44 Billion in the 4th quarter last year. How can you survive if you aren't make at least $200 Billion a year??
They have to feed their kids.
Feb 16, 2009 at 11:26 a.m.
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oops 1.84
Feb 16, 2009 at 11:26 a.m.
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Go to ILL it is less than 184.9
Feb 16, 2009 at 11:12 a.m.
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A story on CNN today blames it on the refinaries that are being shut down for routine maintenance that will last until April.
Feb 16, 2009 at 10:56 a.m.
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At $36.91 for a barrel of crude, gas should be a lot less than $2.00/gas.
Feb 16, 2009 at 10:10 a.m.
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The barrel of crude is down,but they still have to shove it to the little guy trying to make it!
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