Home News-Free Gas prices continue to rise in Louisiana, nationally

Gas prices continue to rise in Louisiana, nationally

Louisiana gas prices have risen 3.6 cents per gallon in the past week, averaging $1.84/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 18.6 cents per gallon higher than a month ago and stand 48.1 cents per gallon lower than a year ago. The cheapest station in Louisiana is priced at $1.57/g today while the most expensive is $2.89/g, a difference of $1.32/g.

“Gasoline prices have continued to rise across the U.S., a streak that enters its ninth week, but with a resurgence in COVID-19 cases across several states and with Pay with GasBuddy gasoline demand data showing the first weekly drop in gasoline demand since Memorial Day and just the second one since March, there may eventually be a small reckoning in the price of gasoline,” said Patrick DeHaan, head of petroleum analysis at GasBuddy. 

The national average price of gasoline has risen 3.4 cents per gallon in the last week, averaging $2.17/g today. The national average is up 19.7 cents per gallon from a month ago and stands 53.4 cents per gallon lower than a year ago.

“Last week, U.S. gasoline demand fell 0.4%, not exactly a staggering figure, but data from later in the week pointed to much more noticeable drops, which may be a coming trend as authorities in some U.S. states rescind their re-openings. Motorists across the country will likely be influenced by what develops in those areas- improvement and a slowdown in COVID would cause gas prices to continue rising, while a continued resurgence in COVID-19 cases and a drop in gasoline demand will mean lower gas prices,” 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.