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You are here: Home / News / Gas prices level off

Gas prices level off

December 2, 2008 By WRN Contributor

After seeing a rapid decline in gas prices over the last month, Larry Kamholz with AAA Wisconsin says we appear to have hit a plateau as the holiday travel season gets underway.

The statewide average for a gallon of regular unleaded gasoline was $1.79 on Monday. That's up just slightly from before Thanksgiving and down significantly from the average of $3.07 for the same time last year.

Kamholz says prices are expected to stay around that level through the end of December, with them possibly dropping again after the holidays are over. Increased demand from travelers is believed to be the reason behind gas prices stabilizing.

Even if they've stopped dropping for now, Kamholz says the relief is a welcome present for the holidays.

AUDIO: Andrew Beckett reports (MP3 :52)

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