SHREVEPORT, LA – Gasoline prices in Shreveport have decreased by 2.3 cents per gallon in the past week, with the average now sitting at $2.52 per gallon, according to a recent GasBuddy survey of 177 local stations. While prices are 6.4 cents higher than a month ago, they remain 12.6 cents lower than this time last year.
Local Gas Price Trends
- Lowest price in Shreveport: $2.34 per gallon
- Highest price in Shreveport: $2.79 per gallon
- Price difference: 45 cents per gallon
Statewide, prices range from a low of $2.32 per gallon to a high of $3.25 per gallon, a spread of 93 cents.
National Averages and Historical Context
The national average price of gasoline has also seen a decline, dropping 3.0 cents per gallon to an average of $2.98 per gallon. Diesel prices nationally are averaging $3.473 per gallon, a decrease of 0.5 cents over the past week.
When comparing prices historically:
- On December 30, 2023, Shreveport drivers paid an average of $2.65 per gallon, while the national average was $3.10 per gallon.
- Just a decade ago, in 2014, the local average was $2.05 per gallon, and the national average stood at $2.26 per gallon.
Neighboring Cities and States
Gas prices in nearby areas reflect similar downward trends:
- Little Rock, AR: $2.61 per gallon (down 3.9 cents)
- Dallas, TX: $2.66 per gallon (down 5.2 cents)
- Statewide Louisiana: $2.61 per gallon (down 1.6 cents)
Expert Insights and Outlook for 2025
“After a few weeks of rising gas prices, the national average has reversed course, declining as we close out 2024,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Tomorrow, GasBuddy will release the 2025 Fuel Price Outlook, providing motorists with detailed insights and forecasts for the year ahead.”
While De Haan anticipates stable gas prices in most regions, the Great Lakes area may experience fluctuations due to cyclical pricing trends.
About GasBuddy
GasBuddy is a trusted source for real-time gas prices and comprehensive market analysis, gathering data from nearly 150,000 stations nationwide. Their insights, historical data, and price forecasts are accessible at GasBuddy’s website.
Motorists can expect further updates with the release of the 2025 Fuel Price Outlook, which will offer state-by-state forecasts and a month-by-month breakdown of gas and diesel prices. To stay informed, visit GasBuddy’s blog or follow them on social media.
As prices continue to shift, Shreveport drivers are encouraged to shop around for the best deals and utilize resources like GasBuddy to maximize savings at the pump.