SHREVEPORT, La. — Drivers in the Shreveport area are seeing a slight break at the pump this week, with average gas prices falling 5.4 cents per gallon to $2.57/g, according to GasBuddy’s latest market survey of 177 area stations. That’s 17.8 cents lower than a month ago and a substantial 56.4 cents cheaper than this time last year.
Meanwhile, diesel prices in the U.S. nudged slightly upward, increasing 0.2 cents to $3.501/gallon.
Local Price Range and Statewide Trends
Across Shreveport, the cheapest gas was reported at $2.37/g, while the most expensive station posted $2.99/g—a difference of 62 cents per gallon. The lowest price reported statewide was $2.32/g, with the highest at $3.39/g.
In nearby markets:
- Little Rock: $2.71/g (↓ 5.2 cents)
- Dallas: $2.90/g (↑ 26.6 cents)
- Louisiana statewide average: $2.67/g (↓ 2.5 cents)
National Picture
The U.S. average price for regular gasoline rose slightly, up 2 cents to $3.12/g, though it remains 49.6 cents cheaper than one year ago. Diesel prices nationally also ticked up marginally.
Industry Insight
“There may be some promising short-term news from OPEC+, which has agreed to increase oil production starting in June,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While gasoline inventories remain tight due to refinery maintenance, increased output could push the national average below $3 per gallon in the near future.”
Historical Context: Shreveport Gas Prices on May 5
| Year | Price |
|---|---|
| 2024 | $3.14 |
| 2023 | $3.01 |
| 2022 | $3.88 |
| 2021 | $2.64 |
| 2020 | $1.57 |
| 2019 | $2.46 |
| 2018 | $2.48 |
| 2017 | $2.09 |
| 2016 | $2.00 |
| 2015 | $2.36 |
For more data and interactive fuel price maps, visit prices.GasBuddy.com.