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10-28-21 gas prices jump

todayOctober 27, 2021

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Gas prices in Wisconsin and across the country continue to jump.  Retail gas prices are averaging $3.38 cents in the United States, rising roughly 50 percent in 2021, surpassing pre-pandemic levels.  In Wisconsin gas prices have gone up 12 cents this month.  State AAA spokesman Nick Jarmusz says the statewide average for unleaded regular is $3.14 a gallon, and a little over $3 a gallon in the Fond du lac area.  Jarmusz says gas prices have been dragged higher by skyrocketing crude oil prices with global fuel demand outpacing global production and supply levels.  A rather uneventful week in the gasoline futures market is good news for motorists.  Gasoline futures finished the week a penny lower than the week before.

Written by: Radio Plus

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