Including the change in gas prices in Wyoming during the past week, prices yesterday were 15.3 cents per gallon lower than the same day one year ago and are 0.4 cents per gallon lower than a month ago.
With the conclusion of Labor Day weekend comes the end of the summer driving season in the world's largest gasoline consuming country, setting the stage for gasoline demand and prices to fall.
In the nation’s 5th largest oil producing state, the rig count is down. Last year at this time, Wyoming had 22 rigs pumping crude, while this year there are only 8 operating across the state. That has us in the “deepest downturn” since the 1990s...