Laramie County gas prices drop 15 cents amid statewide and national declines

Gas prices in Laramie County, Wyoming, dropped by 15 cents over the past week, bringing the average to $4.11 per gallon as of Monday. This decline mirrors broader trends, with Wyoming’s statewide average falling 4 cents to $4.45 per gallon, while the national average decreased 9 cents to $4.36 per gallon, according to AAA. GasBuddy reported an even lower national average of $4.30 per gallon, marking a 12.5-cent drop over the week. Despite these recent reductions, prices remain significantly higher than a year ago, with the national average up $1.22 compared to the same period last year.

The most affordable gas in Cheyenne could be found at Moody’s Rock Stop on West Pershing Boulevard, priced at $3.90 per gallon, followed by Sam’s Club on Dell Range Boulevard at $4.02. Laramie County now boasts Wyoming’s lowest average fuel price, with Campbell County close behind at $4.14 per gallon. Patrick De Haan, head of petroleum analysis at GasBuddy, attributed the price declines to tax cuts and price-cycling patterns in states like Georgia and Ohio, though he cautioned that some markets may see upward swings in the near future.

Crude oil prices opened the week with mixed movements, as supply changes offset ongoing geopolitical tensions in the Middle East. West Texas Intermediate crude fell 91 cents to $90.20 per barrel, while Brent crude rose 22 cents to $102.47 per barrel. Giovanni Staunovo, a UBS commodities analyst, noted that the divergence between Brent and WTI prices was driven by the Trump administration’s plan to release 40 million barrels from the Strategic Petroleum Reserve. Commercial crude oil inventories rose by 900,000 barrels, while the Strategic Petroleum Reserve dropped by 800,000 barrels.