Pain at the Pump

Gas prices falling below $3.30/gallon in Milwaukee area

CREATED Oct. 19, 2012

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MILWAUKEE - If you haven't noticed already, gas prices have cratered around southeast Wisconsin. 

A lot of gas stations in southeast Wisconsin have been charging $3.29/gallon on Friday.

That is down 30 cents from the average price a week ago, and a $.60/drop since last month.

Gasbuddy.com's Patrick DeHaan says concerns about supply earlier in the fall have subsided.

Speculators who drove up the price are now selling, which drives it down.

"Gas prices may spend much of the rest of fall in the low to mid $3.00/gallon range," said DeHaan to Newsradio 620 WTMJ's Jon Byman.

Click here for the latest gas price reports from Milwaukeegasprices.com.