Home News Louisiana gas prices fall as national average rises

Louisiana gas prices fall as national average rises

by Minden Press-Herald

Louisiana gas prices have fallen 0.9 cents per gallon in the past week, averaging $2.71/g today, according to GasBuddy’s daily survey of 2,436 stations in Louisiana. Gas prices in Louisiana are 0.6 cents per gallon lower than a month ago and stand 94.2 cents per gallon higher than a year ago. The cheapest station in Louisiana is priced at $2.43/g today while the most expensive is $3.09/g, a difference of 66.0 cents per gallon. 

“We’ve seen the national average gas price continue to inch higher as oil prices have reached $71 per barrel, the highest since 2018, as gasoline demand continues to rebound,” said Patrick De Haan, head of petroleum analysis for GasBuddy. 

The national average price of gasoline has risen 1.6 cents per gallon in the last week, averaging $3.07/g today. The national average is up 3.7 cents per gallon from a month ago and stands 97.7 cents per gallon higher than a year ago.

“Strong gasoline demand as states and cities reopen will likely continue to be a major factor keeping gas prices elevated even as oil production climbs in the months ahead. With most additional supply being gobbled up very quickly, gas prices will likely stay at elevated levels for the foreseeable future. Motorists can continue to fight the high gas prices by remembering to shop around each time they get below half a tank,” 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.

GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.

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