Gas prices slide in Northeast Wisconsin

Photo courtesy MGN Online.

(WLUK) -- Northeast Wisconsin drivers have received a little relief at the pump over the past week.

GasBuddy says the average price of a gallon of gas in the Appleton area fell 1.8 cents to $2.84 as of Sunday. In the Green Bay area, the one-week drop was 1.3 cents to $2.87.

Northeast Wisconsin bucked the national trend last week, which saw a 2.2-cent rise to $2.91. Analysts say that rise may be part of the price of an improving economy.

"The national average gas price has broken out of a well-established rut, climbing above $2.90 per gallon for the first time since mid-June on rising oil prices ahead of the reinstatement of sanctions against Iran and OPEC failing to pump enough oil to meet robust demand," Patrick DeHaan, head of petroleum analysis for GasBuddy, said in a news release. "We may see prices continue to lift ahead of the (mid-term elections), however completely unrelated to the elections, but due to constant threats from an improving economy: higher demand and lower supply is tipping the balance of the oil market and pushing prices higher. We may even soon see $3 per gallon nationally, which would be the first time since October 2014, if oil prices continue to rise. I, along with motorists, will be eagerly awaiting any relief at the pump, but don't hold your breath -- it may get worse before it gets better."

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