Gas & Diesel Prices Spike [developing]
Key Questions
What are the current gas and diesel prices in Janesville?
Regular gas in Janesville is at $4.49 per gallon, up from $3.89. Diesel has hit a record $5.70 per gallon locally, with the state average at $5.67.
Why have diesel prices reached a record high in Wisconsin?
The spike is due to refinery issues, the switch to summer blend fuel, and Mideast tensions. Diesel rose 74 cents in a week to the all-time high.
How do the recent price increases affect the area?
The hikes are straining flood recovery budgets, trucking operations, and farms. No drop below $3 per gallon is expected until late 2026.
What is the statewide diesel price record?
Wisconsin diesel prices hit a record high of $5.67 per gallon on May 4, according to AAA and GasBuddy reports.
When might gas prices decrease significantly?
Prices are not expected to drop below $3 per gallon until late 2026, due to ongoing factors like refineries and summer blends.
Janesville reg gas $4.49/gal (up from $3.89), diesel record $5.70/gal (+74¢ wk, state $5.67) due refineries/summer blend/Mideast; no drop below $3 til late 2026, hitting flood recovery budgets/trucking/farms.