(June 15, 2020) – Louisiana gas prices have risen 5.0 cents per gallon in the past week, averaging $1.77/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 15.7 cents per gallon higher than a month ago and stand 50.8 cents per gallon lower than a year ago. According to GasBuddy price reports, the cheapest station in Louisiana is priced at $1.49/g today while the most expensive is $2.96/g, a difference of $1.47/g.
“As gasoline demand continues on the road to recovery, the national average has advanced for another week, making it seven straight weeks of rising gas prices as the easing coronavirus situation inspires more Americans to hit the road,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.
The national average price of gasoline has risen 4.7 cents per gallon in the last week, averaging $2.09/g today. The national average is up 23.3 cents per gallon from a month ago and stands 57.7 cents per gallon lower than a year ago.
“Data from Pay with GasBuddy shows U.S. gasoline demand rose 2.4% last week to its highest level in over three months, giving renewed confidence that amidst OPEC’s crude oil cutbacks, supply will remain in check. I expect the upward trend to continue across most of the country ahead of July 4, with prices perhaps rising another 10-20 cents by then. The one thing that could bring restraint to rising gas prices is if we see a significant second wave of COVID-19 cases, but for now, I’m optimistic that won’t happen,” 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.
