Cheyenne drivers save 27 cents per gallon this week

Gas prices in Laramie County dropped by 27 cents per gallon last week, settling at $3.82 on Monday. This decline brought the local average slightly below the statewide figure, which fell by 20 cents to $4.10 per gallon.

Nationally, the average gas price decreased by 16 cents to $4 per gallon, according to AAA data. GasBuddy reported a similar trend, noting a 15.9-cent drop that brought the national average to $3.96 per gallon. Diesel prices also eased, falling 9.5 cents over the past week to $6.18 per gallon.

Cheyenne residents seeking the lowest fuel costs could find options under $3.65. GasBuddy identified Moody’s Rock Stop on West Pershing Boulevard as the cheapest location at $3.55 per gallon. Sam’s Club on Dell Range Boulevard followed closely with a price of $3.63.

Natrona County remained the cheapest in Wyoming for the second consecutive week, with an average of $3.821. Laramie County ranked second at $3.823, a difference of just two-tenths of a cent. Converse County held the third position with an average of $3.86 after dropping 22 cents.

Patrick De Haan, head of petroleum analysis at GasBuddy, attributed the recent price drops to seasonal factors rather than political events. He noted that refiners typically complete maintenance and increase output as demand wanes with cooler weather. De Haan stated that many assume the election influenced prices, but he called that a myth based on data since 2006.

Crude oil prices continued their downward trend early in the week. West Texas Intermediate crude fell $3.62 to $87.21 per barrel, while Brent crude dropped $4.18 to $94.14 per barrel. Brent crude fell below the $100 mark for the first time since early October. These shifts followed President Donald Trump’s comments suggesting extensive new strikes against Iran were unlikely during ongoing talks.

The U.S. Energy Information Administration reported that domestic commercial crude inventories fell by 900,000 barrels for the week ending Oct. 30. This left supplies about 4% below the five-year seasonal average. The Strategic Petroleum Reserve also decreased by 400,000 barrels to reach 282.2 million barrels.