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Louisiana gas prices declines

by Minden Press-Herald

(January 17, 2022) – Louisiana gas prices have fallen 0.8 cents per gallon in the past week, averaging $2.98/g today, according to GasBuddy’s daily survey of 2,436 stations in Louisiana. Gas prices in Louisiana are 2.0 cents per gallon lower than a month ago and stand 91.6 cents per gallon higher than a year ago. The cheapest station in Louisiana is priced at $2.52/g today while the most expensive is $3.49/g, a difference of 97.0 cents per gallon.

“Average gas prices saw a slight boost over the last week as the rising price of crude oil continues to push prices up. While the rise was fairly tame, some states still saw slight declines. Gasoline demand, aside from motorists filling up ahead of the weekend winter storm, has been lackluster. The real pain at the pump will start in about 4-6 weeks,” said Patrick De Haan, head of petroleum analysis for GasBuddy. 

The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.31/g today. The national average is unchanged  from a month ago and stands 93.3 cents per gallon higher than a year ago.

“Oil prices continue to edge higher as oil production remains a concern due to unrest in Libya and Kazakhstan, however, some improvement in the latter situation could lead to oil prices being more subdued.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA’s once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, 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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