by Kevin Zimmermann
MADISON, WI (WHBL) – If you follow trends in the price of gasoline, then you’re probably familiar with a seasonal rise this time of year that’s explained as the result of refineries switching over to a new seasonal blend of gasoline. That switch is required by the EPA in order to reduce emissions and the effects of ozone-related health problems. But this year, a drastic drop in demand means suppliers are stuck with a large inventory of the winter blend.
As a result, Governor Evers has allowed the Wisconsin Department of Ag, Trade and Consumer Protection to grant a waiver to gasoline sellers, allowing a little extra time before switching to the summer blend. That’s usually required on April 1st, but the waiver allows the old blend in the pumps until May 1st. As a result, you’re not likely to see that price increase, especially as low demand has meant low prices.
Reports of 99-cent gasoline have been popping up in isolated parts of Wisconsin, while local prices average around $1.75 a gallon.
