Home News Louisiana gas prices remain unchanged as they rise in other states

Louisiana gas prices remain unchanged as they rise in other states

by Will Phillips

Louisiana gas prices are unchanged  in the past week, averaging $1.60/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 11.0 cents per gallon lower than a month ago and stand 87.5 cents per gallon lower than a year ago. According to GasBuddy price reports, the cheapest station in Louisiana is priced at $1.18/g today while the most expensive is $2.96/g, a difference of $1.78/g.

“Gasoline demand continues to rebound across the U.S. as more states re-open, with a week on week rise of nearly 5%, according to data from GasBuddy’s free payments card. The boost in demand has led oil and gasoline prices to rally, and as long as states continue to loosen restrictions, it’ll mean more motorists on the roads and filling their tank,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

The national average price of gasoline has risen 6.4 cents per gallon in the last week, averaging $1.83/g today. The national average is down 1.1 cents per gallon from a month ago and stands 102.8 cents per gallon lower than a year ago.

“Most states saw prices rise last week, but yet again Great Lakes states, which were the largest beneficiaries of ultra-low prices, saw the most pain as retail gasoline prices fall back into their normal territory against the national average. For now, the continued recovery in gas prices will nearly completely depend on improvement in the coronavirus situation, so long as refineries boost production again as demand continues to rise again.,” said DeHaan.

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country.

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