GasBuddy: SBC gas prices drop 3 cents

Photo by James Frewin on Unsplash

Shreveport gas prices have fallen 3.0 cents per gallon in the past week, averaging $1.84/g today, according to GasBuddy’s daily survey of 177 stations. Gas prices in Shreveport are 2.7 cents per gallon higher than a month ago and stand 34.0 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Shreveport is priced at $1.66/g today while the most expensive is $2.29/g, a difference of 63.0 cents per gallon. The lowest price in the state today is $1.61/g while the highest is $2.89/g, a difference of $1.28/g.

The national average price of gasoline has fallen 3.2 cents per gallon in the last week, averaging $2.17/g today. The national average is down 0.5 cents per gallon from a month ago and stands 38.6 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices:
Little Rock- $1.83/g, down 1 cent per gallon from last week’s $1.84/g.
Dallas- $1.87/g, down 5.1 cents per gallon from last week’s $1.92/g.
Louisiana- $1.89/g, down 1.8 cents per gallon from last week’s $1.91/g.

“Seasonal factors, as expected, are pushing gas prices down in most areas across the country. In addition, oil prices have hit a rough patch on renewed concerns about the economy and falling demand, leaving motorists the beneficiaries for the next few weeks,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “No one should be in a rush to fill up as prices will likely continue to trend lower, especially as the summer gasoline requirement ends on Tuesday, ushering in cheaper to produce winter gasoline and a return to less fragmentation in supply since winter gasoline is common nearly coast-to-coast, making it less of a headache to produce fuel since it can be used universally.”