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Gas prices fell slightly last week

Gasoline prices in Louisiana have fallen 1.8 cents per gallon in the past week, averaging $2.59/g Sunday, according to GasBuddy’s daily survey of 2,436 stations in Louisiana. This compares with the national average that is unchanged versus last week to $2.83/g, according to GasBuddy.

“Gas prices nationally saw little change in the last week as oil prices saw a mini-resurgence back to $69 per barrel, stifling the broad relief we saw at pumps the week prior,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

Average gasoline prices on August 27 in Louisiana have ranged widely over the last five years:

$2.15/g in 2017, $2.03/g in 2016, $2.20/g in 2015, $3.21/g in 2014 and $3.37/g in 2013.

“With Labor Day dead ahead, we may see a small rise in the national average this week, depending on oil’s move, but largely, this seems like the last week we’ll see elevated prices as demand is set to drop with the conclusion of Labor Day weekend,” DeHaan said.

“The Atlantic remains quiet, so there’s little chance of a major disruption for the time being, with the overall consensus that we’ll soon see prices falling once again across most of the country.”

Minden Press-Herald

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