Average gasoline prices in Arkansas have fallen 5.2 cents per gallon in the last week, averaging $2.81 per gallon today, according to GasBuddy’s survey of 1,826 stations in Arkansas.
Prices in Arkansas are 25.3 cents per gallon lower than a month ago and stand 18.5 cents per gallon lower than a year ago. The national average price of diesel has fallen 5.2 cents in the last week and stands at $4.23 per gallon.
According to GasBuddy price reports, the lowest price in the state yesterday was $2.42 per gallon, while the highest was $4.19 per gallon, a difference of $1.77 per gallon.
The national average price of gasoline has fallen 5.8 cents per gallon in the last week, averaging $3.21 per gallon today. The national average is down 26.0 cents per gallon from a month ago and stands 30.3 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 across the country.
“With the national average price of gasoline declining for the 10th straight week, motorists are enjoying the longest downward trend at the pump since the summer of 2022. The timing couldn’t be better as Americans head into the holidays, leaving them with more in their wallets at a time of year many start to spend on gifts for loved ones,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “In addition, gasoline demand continues to be dragged lower as Americans stay inside more often, helping to put continued downward pressure on gasoline prices. However, we’re carefully monitoring OPEC’s delayed meeting, set to occur this week, for potential surprises that could eventually mean an end to lower gas prices should they make any surprise oil production cuts.”
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://prices.GasBuddy.com.
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