SHREVEPORT, La. – Gas prices in Shreveport have dropped for the second consecutive week, with the average price per gallon now $2.60, according to GasBuddy’s survey of 177 stations. This marks a 3.6-cent decrease from last week, a 4.4-cent decline from last month, and a 20.5-cent drop compared to the same period last year.
Despite the local decline, the national average for gasoline has risen by 2.2 cents per gallon, now averaging $3.11 per gallon. Diesel prices have also seen a slight increase, rising 0.8 cents to $3.632 per gallon nationally.
Price Variations Across Shreveport and Louisiana
According to GasBuddy’s data, the lowest price for gas in Shreveport on Sunday was $2.46 per gallon, while the highest recorded price stood at $2.79 per gallon, a difference of 33 cents. Across Louisiana, the cheapest gas station reported a price of $2.39 per gallon, while the most expensive reached $3.11 per gallon, a 72-cent gap.
Comparing Gas Prices: Then and Now
Gas prices in Shreveport have fluctuated over the years, reflecting broader market trends. Here’s how today’s prices compare to past years:
| Date | Shreveport Avg. Price | U.S. Avg. Price |
|---|---|---|
| Feb. 17, 2024 | $2.81/g | $3.28/g |
| Feb. 17, 2023 | $3.00/g | $3.38/g |
| Feb. 17, 2022 | $3.27/g | $3.51/g |
| Feb. 17, 2021 | $2.20/g | $2.57/g |
| Feb. 17, 2020 | $2.05/g | $2.44/g |
Neighboring Cities and Their Current Gas Prices
- Little Rock, AR – $2.77/g (Up 0.7 cents from last week)
- Dallas, TX – $2.80/g (Up 17 cents from last week)
- Louisiana State Average – $2.67/g (Down 2.1 cents from last week)
What’s Driving Prices?
GasBuddy’s head of petroleum analysis, Patrick De Haan, attributes recent national fluctuations to refinery maintenance and outages on the West Coast, which have created a ripple effect in nearby states. While Shreveport and much of the country have remained stable, West Coast prices have surged.
“While most of the country has experienced a relatively quiet week for gas prices, the West Coast has seen rapid increases—a trend that should slow in the coming days,” said De Haan. “However, with refinery maintenance season beginning nationwide and the transition to summer gasoline blends underway, we expect prices to start rising in most areas in the coming weeks.”
Looking Ahead: Oil Prices & Geopolitical Factors
Oil prices remain subdued in the low $70s per barrel, largely due to ongoing diplomatic efforts. According to De Haan, President Trump’s negotiations for a potential peace deal between Russia and Ukraine could have significant implications for global oil markets in the months ahead. If successful, such a deal could stabilize crude oil prices and prevent major fuel cost increases.
Stay Updated on Gas Prices
GasBuddy remains the authoritative source for gas price data, updating its survey 288 times per day across 150,000 stations nationwide. Consumers can track real-time gas prices, trends, and historical data by visiting GasBuddy.com.