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Gas prices continue to rise in Louisiana, nationally

Louisiana gas prices have risen 0.6 cents per gallon in the past week, averaging $1.78/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 16.0 cents per gallon higher than a month ago and stand 47.7 cents per gallon lower than a year ago. According to GasBuddy price reports, the cheapest station in Louisiana is priced at $1.58/g today while the most expensive is $2.29/g, a difference of 71.0 cents per gallon. 

“Gasoline demand has continued to recover over the last week, with a 3% rise in demand versus last week according to data from Pay with GasBuddy, and that continues to push gasoline prices higher as well, for the eighth straight week,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

The national average price of gasoline has risen 1.5 cents per gallon in the last week, averaging $2.12/g today. The national average is up 17.2 cents per gallon from a month ago and stands 52.9 cents per gallon lower than a year ago.

“Americans continue to increasingly get in the car as summer progresses, eager not to miss out on the best months of the year, and our data is clear on that. In turn, the resurgence in gasoline demand is also pushing oil prices to their highest level in months, fueling gas prices to rebound as Americans try to find some sense of normalcy amidst the ongoing COVID-19 situation. For now, it’s likely that we remain on this path of rising prices, but we won’t see gas prices snap back to normal for some time yet,” said De Haan.

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.