Milwaukee, Wis.(WHBL-Learfield) - Wisconsin gas prices have pretty much held steady over the last day. The Triple-“A” reports a one-tenth-of-a-cent drop in the statewide average price of unleaded regular this morning. It’s now 4.11-point-four, after a new record was set yesterday at 4.11-point-five. Mid-grade regular and diesel had slight increases. Premium gas was down by a tenth. This comes in the wake of 12-and-a-half percent drop in the price of crude oil this week – including a decline of almost 10-dollars-a-barrel yesterday alone. Experts said it was because the dollar got a little stronger, and a larger-than-expected increase in claims for U-S unemployment benefits – a sign of a weaker demand for petroleum. Crude oil represents about two-thirds of what you pay-at-the-pump. Oil trader Jim Ritterbusch of Galena Illinois expects a big drop in gas prices by Memorial Day. He predicts 3.75-a-gallon for Metro Milwaukee by the end of May. There have been numerous reports that people are driving less due to big spike in gas prices. There was another sign of that yesterday, when the state released its traffic death statistics for April. The D-O-T said 39 people died in April crashes around the state – 15 fewer than a year ago, and 10 fewer than the average for the last five years.
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