Average gasoline prices in Arkansas have fallen 3.5 cents per gallon in the last week, averaging $3.13 per gallon today, according to GasBuddy’s survey of 1,826 stations in Arkansas.
Prices in Arkansas are 16.1 cents per gallon higher than a month ago and stand 5.7 cents per gallon higher than a year ago. The national average price of diesel has declined 2.9 cents in the last week and stands at $3.99 per gallon.
According to GasBuddy price reports, the lowest price in the state yesterday was $2.69 per gallon, while the highest was $3.99 per gallon, a difference of $1.30 per gallon.
The national average price of gasoline is unchanged in the last week, averaging $3.51 per gallon today. The national average is up 16.1 cents per gallon from a month ago and stands 0.9 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
“No April Fools’ joke: the national average price of gasoline has finally slowed a bit after four weeks of notable increases, stalling in the mid-$3.50s for the last week or two, while the average for diesel fell back below $4 per gallon — not a bad week for motorists as rising demand would normally put solid upward pressure on prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, motorists have a bit of a reprieve from the constant big weekly price jumps. While we seem to be nearing a short-term peak, one word of caution for those in the Mid-Atlantic and Northeast: you haven’t yet finished the transition to summer gasoline, so you may experience some sticker shock in a few weeks. Be prepared for somewhat of a punch. For the rest of the nation, so long as we don’t see extenuating circumstances, we’re likey close to a top in prices. Let’s hope it pans out and sticks.”
GasBuddy data is accessible at http://prices.GasBuddy.com.
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