As they are nearly every year, the gas prices in Eastern Wisconsin have been a bit of a roller coaster over the past twelve months.
We have been tracking the prices reported by AAA since the middle of 2021, and the trend this year was steady increases through the first two-thirds of the year, followed by steady, dramatic declines.
The seven-county area we cover averaged $2.83 cents per gallon in the final week of 2022, which rose all the way up to $3.59 during the third week of August.
The price declined over the next three weeks before rebounding up to $3.53 in the second week of September.
From there, it would only go down.
Over the final fifteen weeks of the year, gas prices dipped by an average of 5.4 cents per week to end the year with an average of $2.72 per gallon.
While that is the lowest average the area has seen since late 2022, the year-long average is a bit below last year’s year-long average and a bit above the year before.
In 2021, since we started keeping track, the average price in our area came out to an even $3.00, and last year that skyrocketed to $3.70.
This year, with all 52 weeks in the books, our area averaged out to $3.26 per gallon.
As for what the future holds, if the trends from last year are anything to go by, prices are likely to rise over the next few weeks, but only time will tell.
