Drop at the pump continues in Northeast Wisconsin
(WLUK) -- Gas prices continue to hurtle toward the $2 mark in Northeast Wisconsin's largest cities.
According to GasBuddy, the average price of a gallon of gas in the Green Bay area was $2.22 on Sunday, 8.6 cents lower than a week earlier. In the Appleton area, the drop was 7.9 cents to $2.21.
"Average gas prices have continued to move lower in most states in the last week as retail prices continue to catch up to the low price of oil. Twenty-seven states boast a low price of $2 per gallon or less, and Missouri's statewide average will likely fall under $2 per gallon this week, representing the first state to cross the psychological barrier," Patrick DeHaan, head of petroleum analysis for GasBuddy, said in a news release. "While the going has been good at most gas pumps, OPEC countries did agree to curb oil production, but the cut was smaller than we had expected, and for a shorter duration than anticipated, resulting in a small upward move in oil, one that may not immediately curb the declines. We appear poised to see the national average drop perhaps at least one more week -- and we could close this week with the nation's average in the $2.30s -- the lowest in over a year."
The national average fell 2.7 cents to $2.41 last week.