Louisiana gas prices on the rise

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(October 18, 2021) – Louisiana gas prices have risen 5.2 cents per gallon in the past week, averaging $3.05/g today, according to GasBuddy’s daily survey of 2,436 stations in Louisiana. Gas prices in Louisiana are 16.2 cents per gallon higher than a month ago and stand $1.17/g higher than a year ago. The cheapest station in Louisiana is priced at $2.59/g today while the most expensive is $3.32/g, a difference of 73.0 cents per gallon. 

“The national average closed the week by climbing to yet another fresh seven-year high, as the price of oil continues to drag gas prices along for the wild ride, leaving motorists on empty,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

According to GasBuddy price reports, The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $3.30/g today. The national average is up 11.1 cents per gallon from a month ago and stands $1.15/g higher than a year ago.

“With OPEC holding back oil production and strong global oil demand, the situation will no doubt pave the road with even higher gas prices in the weeks ahead. Until several bottlenecks ease, including supply chains and low global inventories of oil, natural gas and coal, we’ll be stuck feeling the pinch of rising oil and gasoline prices. The bad news is that for now, all I see is the upward trend at the pump continuing into the weeks ahead with no sign of relief just yet,” 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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