Gas prices fall 3 more cents last week

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Average retail gasoline prices in Louisiana have fallen 3.0 cents per gallon in the past week, averaging $2.30/g Sunday, according to GasBuddy’s daily survey of 2,436 gas outlets in Louisiana.

This compares with the national average that has fallen 1.1 cents per gallon in the last week to $2.50/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Louisiana during the past week, prices yesterday were 20.5 cents per gallon higher than the same day one year ago and are 7.8 cents per gallon lower than a month ago.

The national average has decreased 7.3 cents per gallon during the last month and stands 22.0 cents per gallon higher than this day one year ago.

“Even as oil prices were in rally mode to end last week, gasoline prices continued lower with the national average moving lower for the third consecutive week,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “But, March typically comes in more like a lamb and goes out like a lion, and I certainly would expect more fireworks at the pump as temperatures begin to warm and gasoline demand begins to perk up.”

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