Average gasoline prices in Louisiana have fallen 5.6 cents per gallon in the last week, averaging $3.08/g today, according to GasBuddy’s survey of 2,436 stations in Louisiana. Prices in Louisiana are 20.3 cents per gallon higher than a month ago and stand 12.6 cents per gallon lower than a year ago. According to GasBuddy price reports, the cheapest station in Louisiana was priced at $2.52/g yesterday while the most expensive was $3.82/g, a difference of $1.30/g.
“For a second straight week, the national average price of gasoline has declined, alongside the price of diesel which has fallen to its lowest level in nearly a year,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
The national average price of gasoline has fallen 7.3 cents per gallon in the last week, averaging $3.37/g today. The national average is up 10.9 cents per gallon from a month ago and stands 10.2 cents per gallon lower than a year ago.
“While diesel prices likely have a long way to fall as inventories continue to improve, gasoline prices in some areas have gone up in the last weeks as the transition to summer gasoline is just around the corner. In addition, GasBuddy data shows that gasoline demand has risen for the third straight week, a trend that will likely continue as we gradually see temperatures warm and the heart of winter moves to the rear view. Also, refinery maintenance season will soon be in full force, likely putting upward pressure on prices. On average, gasoline prices rise between 35 and 85 cents per gallon between March and Memorial Day, so motorists seeing prices fall should enjoy the declines while they last,” said De Haan.