MCTGas prices fell five cents since last Tuesday, leaving the national average price for regular at $1.891. But despite the dip, the Chippewa Valley still has the highest gas prices in the state, according to AAA’s Fuel Gauge Report.
As of Tuesday, prices in Eau Claire are resting at an average of $1.968 for regular, down from the $3.23 average in Eau Claire this time last year. Gas prices in Madison sit at $1.841, the lowest of the Wisconsin Metro Areas.
The national average price for regular gasoline has risen 35 cents since Jan. 1, 2009. Despite rising gasoline prices, crude oil prices continue to fall, closing at about $35 a barrel on Monday. This trend simply shows conservative driving on the parts of consumers, according to AAA.
The price fall reflects a recent declining stock market. Erratic major stock indexes, however, makes forecasting gasoline prices “almost impossible,” according to a Feb. 23 Fuel Gauge Report Overview by AAA Public Relations Director Geoff Sundstrom.
– Spectator staff
