Gas prices should start easing back in a few weeks in state say experts
Experts say the latest rise in gas prices should start easing off in a couple weeks because the refinery damage from the Texas hurricanes was not as bad as expected.
But it was bad enough to raise Wisconsin's gas prices by another nickel-a-gallon. The Triple A's statewide average for unleaded regular this morning is $3.965, up almost five cents from Monday and 16 cents from a month ago.
MilwaukeeGasPrices.com reports an average of $4.16 in that area, up a penny from Monday.
A station in Brookfield was charging $4.45 Monday afternoon.
Without the hurricane damage, gas prices could have kept falling as crude oil is now below $100 a barrel.
Matt Hauser of the Wisconsin Petroleum Marketers says 40 percent of Milwaukee area fuels come from the places where the hurricanes hit and supplies have been tight for a few weeks.