Home News-Free Rise in Louisiana gas prices starts to slow

Rise in Louisiana gas prices starts to slow

Louisiana gas prices have risen 0.8 cents per gallon in the past week, averaging $1.86/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 9.2 cents per gallon higher than a month ago and stand 56.5 cents per gallon lower than a year ago. The cheapest station in Louisiana is priced at $1.61/g today while the most expensive is $2.89/g, a difference of $1.28/g. 

“According to GasBuddy data, gasoline demand continues to struggle as of late, hitting some mid-summer blues as coronavirus cases continue to see upward movement in more states, but it hasn’t been a sharp enough drop to push gas prices lower last week,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

The national average price of gasoline has risen 1.1 cents per gallon in the last week, averaging $2.19/g today. The national average is up 8.8 cents per gallon from a month ago and stands 60.8 cents per gallon lower than a year ago.

“While prices for this time of year remain the lowest in over 15 years, it’s still easy to spend more than you need to on gas by letting your guard down, especially now with several states raising gasoline taxes in the midst of summer. For now, I continue to expect gas prices to move sideways- that is- the lack of a clear national trend for now, some will rise, some will fall, as we remain in a COVID-19 holding pattern.”

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.