Madison drivers paying highest price at the pump in the state - WKOW 27: Madison, WI Breaking News, Weather and Sports

Madison drivers paying highest price at the pump in the state

WKOW (Madison)-- Finally a little relief for Wisconsin drivers.   Well, drivers everywhere, but Madison.

Gas prices dropped almost 30 cents since last month.

Unfortunately, most Madison's pumps don't reflect the same savings.

According to AAA, the statewide average is $3.39 per gallon of unleaded.

In Madison - $3.48.

La Crosse - $3.33.

Milwaukee - $3.32.

AAA blames the price discrepancy on location.  Madison's pump prices are higher, because the Capitol City gets it's fuel from Chicago.  The rest of the state benefits from Minnesota's bargain-priced "liquid gold."

"Now we're seeing the supply of gas is pretty high, but the demand has dropped significantly, because people are being more conservative with driving and more conservative spending cash they have," explains AAA Wisconsin representative Larry Kamholz.

Thankfully, Kamholz says prices will even out in the next couple days and says, we could see prices drop below $3.00 a gallon by Thanksgiving.

That's the good news.

The bad news:  OPEC is already planning an emergency meeting on the drop in gas prices.  It might cut production to keep prices from falling further.

Send questions and comments to Vanessa Shirley at vshirley@wkowtv.com

 

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