GasBuddy: Prices inching upward in the SBC

Shreveport gas prices have risen 1.1 cents per gallon in the past week, averaging $1.74/g today, according to GasBuddy’s daily survey of 177 stations. Gas prices in Shreveport are 6.4 cents per gallon lower than a month ago and stand 40.1 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 $2.29/g, a difference of 72.0 cents per gallon. The lowest price in the state today is $1.59/g while the highest is $2.39/g, a difference of 80.0 cents per gallon.

The national average price of gasoline has risen 1.2 cents per gallon in the last week, averaging $2.12/g today. The national average is down 4.3 cents per gallon from a month ago and stands 49.0 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices:
Little Rock- $1.78/g, up 0.7 cents per gallon from last week’s $1.77/g.
Dallas- $1.79/g, up 4.7 cents per gallon from last week’s $1.74/g.
Louisiana- $1.81/g, up 0.7 cents per gallon from last week’s $1.81/g.

“For the first time in seven weeks, GasBuddy data showed average gas prices rose last week, unsurprising given the previous 18% jump in the price of crude oil on promising vaccine news,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “This year has been anything but normal and such news of promising vaccine results will likely rekindle gas prices for a short while. We’re likely to see prices inch up slightly again this week as gas stations continue to try to pass along the rise from last week to retail, but ahead of Thanksgiving, prices should be mostly stable. For now, motorists shouldn’t expect too many fireworks at the pump, but the upcoming release of GasBuddy’s Holiday Travel survey highlights some big changes motorists are making for the last six weeks of the year.”

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 http://FuelInsights.GasBuddy.com.