Gas prices here drop, but lead Wyo. average
By Mark Huffman, Jackson Hole, Wyoming
November 27, 2012
Gas prices in Jackson have fallen, but they’ll have to fall a lot farther to go as low as prices elsewhere in Wyoming.
A drive along Broadway on Monday afternoon showed the lowest price in town was $3.53 a gallon for regular unleaded, available at Phillips 66, Shell, Smith’s and Shervin’s Sinclair. The price was $3.65 gas at Exxon and Maverik.
All the stations selling at $3.53 had dropped their prices at least 12 cents from the day before, and in the case of Shervin’s, it was down 17 cents.
Prices at Maverik and Exxon hadn’t changed from Sunday.
Retail prices in the state had fallen 5.4 cents a gallon in the previous week, hitting $3.41 a gallon, according to GasBuddy.com, an Internet site that tracks fuel prices.
The Jackson decreases didn’t look like much, though, considering prices elsewhere in Wyoming.
In Casper, Evansville and Mills, gas was selling Monday for $3.02 a gallon, and in Laramie for $3.07.
The average per-gallon price in Wyoming was down 16.9 cents in a month, and up 1.6 cents from a year ago, said Patrick DeHaan, an analyst for GasBuddy.com
“Thanksgiving Day 2012 featured the highest ever daily average for the holiday, beating out 2011 by over 10 cents per gallon,” DeHaan said. “The average may continue to moderate slightly by Christmas, but I’m not expecting significant decreases or increases in the average in the short term.”
Gas prices in nearby Idaho towns were slightly lower than in Jackson before Monday’s price drop here. Stations in Victor and Driggs were both selling at $3.54.
GasBuddy reports the national average in January 2011 was $2.90, a price that trended steadily upward until last month.
The national average for a gallon of regular unleaded four years ago was $1.35. The average hit $2.30 in 2009 and $2.68 in 2010.