Sunday, July 21, 2024

GasBuddy: Price at pump drops

by BIZ Magazine

Shreveport gas prices have fallen 2.2 cents per gallon in the past week, averaging $1.76/g today, according to GasBuddy’s daily survey of 177 stations. Gas prices in Shreveport are 8.2 cents per gallon lower than a month ago and stand 42.5 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Shreveport is priced at $1.57/g today while the most expensive is $2.19/g, a difference of 62.0 cents per gallon. The lowest price in the state today is $1.53/g while the highest is $2.89/g, a difference of $1.36/g.

The national average price of gasoline has fallen 2.7 cents per gallon in the last week, averaging $2.12/g today. The national average is down 6.1 cents per gallon from a month ago and stands 48.0 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices:
Little Rock- $1.78/g, down 2.2 cents per gallon from last week’s $1.81/g.
Dallas- $1.81/g, down 5.8 cents per gallon from last week’s $1.87/g.
Louisiana- $1.83/g, down 4.0 cents per gallon from last week’s $1.87/g.

“The drop in gas prices has accelerated in the last week as oil prices continue to slide on uncertainty over the election, stimulus and as coronavirus case counts soar, leading to more states rolling back their reopening plans,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “In just the last few days, it feels like uncertainty over a potential legal fight over the U.S. election has also risen to near panic levels, all of which throws more uncertainty into the ring, keeping the U.S. from potentially having a clear leader to turn things around. For now, it’s virtually guaranteed that the national average will fall to under $2 per gallon in the next two weeks, so motorists need not be in a rush to fill their tanks.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA’s once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, 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

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