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GasBuddy: State gas prices edge up

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car-filling-station-gas-9796

Average gasoline prices in Arkansas have risen 4.3 cents per gallon in the last week, averaging $2.61 per gallon today, according to GasBuddy’s survey of 1,826 stations in Arkansas. Prices in Arkansas are 7.3 cents per gallon lower than a month ago and 46.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 2.1 cents in the last week and stands at $3.87 per gallon.

According to GasBuddy price reports, the lowest price in the state yesterday was $2.20 per gallon,  while the highest was $3.39 per gallon, a difference of $1.19 per gallon.

The national average price of gasoline has fallen 0.8 cents per gallon in the last week, averaging $3.03 per gallon today. The national average is down 7.8 cents per gallon from a month ago. It stands 36.0 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations nationwide.

“We continue to see gasoline prices bouncing off lows, only to re-test them again and again. While prices jumped in some places, it’s being offset by drops elsewhere, and that has kept alive the possibility of briefly seeing the national average fall to the lowest level since 2021,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “We remain just a nickel or so away from a $2.99 national average, and while the window of opportunity continues to slowly close, with refiners now starting the purge of winter gasoline on the West Coast, we still have a low-level chance of getting there. But make no mistake- if we do see a national average of $2.99 per gallon, it won’t last long as we start to turn the corner and get closer to the start of the transition to summer gasoline.”


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