Louisiana gas prices continue to rise

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(October 25, 2021) – Louisiana gas prices have risen 7.2 cents per gallon in the past week, averaging $3.15/g today, according to GasBuddy’s daily survey of 2,436 stations in Louisiana. Gas prices in Louisiana are 26.5 cents per gallon higher than a month ago and stand $1.26/g higher than a year ago. The cheapest station in Louisiana is priced at $2.79/g today while the most expensive is $3.75/g, a difference of 96.0 cents per gallon. 

“Gas prices continued to soar in a majority of the nation over the last week as oil’s meteoric rise pulls gasoline and other refined product prices higher. But, there may be some light at the end of the tunnel,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

The national average price of gasoline has risen 3.8 cents per gallon in the last week, averaging $3.36/g today. The national average is up 17.1 cents per gallon from a month ago and stands $1.21/g higher than a year ago.

“The sharp rise we’ve seen over the last three weeks should begin slowing down soon, barring another jump in the price of oil. This is because gasoline prices have now largely caught up to the jump in oil that started nearly a month ago. This isn’t an all-clear for the future, however, as oil prices could rise again at any time. But for now, oil has held around $83 per barrel, and without a further climb, gas price increases should slow down soon in the bulk of the nation,” 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, the most comprehensive and up-to-date in the country.

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