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Hurricane Laura causes rise in Louisiana gas prices

Louisiana gas prices have risen 2.5 cents per gallon in the past week, averaging $1.89/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 3.5 cents per gallon higher than a month ago and stand 29.3 cents per gallon lower than a year ago. The cheapest station in Louisiana is priced at $1.55/g today while the most expensive is $2.89/g, a difference of $1.34/g. 

“Gas prices have reached their highest post-coronavirus level as Hurricane Laura caused Gulf Coast refineries to shut, limiting production as gasoline demand edged higher,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

The national average price of gasoline has risen 3.5 cents per gallon in the last week, averaging $2.22/g today. The national average is up 4.0 cents per gallon from a month ago and stands 34.4 cents per gallon lower than a year ago.

 “The rebound in demand comes with just a week left in the summer driving season and isn’t expected to continue once the driving season wraps up, but while some may see prices tick higher over the next few days, more decreases are coming to gas prices once Labor Day is over as demand will likely move lower. In addition, the switch back to cheaper winter gasoline will happen in a few weeks, giving more potential downward momentum for prices.”

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. GasBuddy data is accessible at FuelInsights.GasBuddy.com.