Gas prices falling, but for how long? - WAOW - Newsline 9, Wausau News, Weather, Sports

Gas prices falling, but for how long?

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WAUSAU (WAOW) -- The price of gas is falling across the country, including here in Wisconsin.

Since last week, the national average price for a gallon of gas has fallen about seven cents. In Wisconsin, it's fallen about eight cents.

The national average sits at about $3.59, while Wisconsin's average is $3.61, according to AAA. But of course, prices vary by region. Most stations in Wausau on Monday hovered around $3.70.

Still, on average, prices have dropped about a penny a day. Avery Ash, manager of regulatory affairs at AAA, said crude prices dropped to $80 a barrel last week—a decrease from $100 in July. But he said this drop has followed a period of "wild volatility" in crude markets.

Ash said he expects prices to continue to drop. However, he said, it's been such a roller-coaster lately that it's hard to predict.

Current average prices don't even compare to last year, when a gallon of gas cost almost a dollar less.

"The prices are way too high, that's all there is to it," said Schofield resident David Gorski. "Somebody is getting rich on it, and it isn't us people that are on social security."

To track local gas price trends, visit http://www.waow.com/category/137539/gas-buddy.

Online Reporter: Daniel Woodruff

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