SHREVEPORT, La. – Average gasoline prices in Shreveport rose 13.2 cents per gallon over the past week to $3.48 per gallon, according to a GasBuddy survey of 177 stations in the city.
The average price is 15.6 cents higher than a month ago and 80.4 cents above the price recorded one year ago.
GasBuddy reported the lowest-priced station in Shreveport was selling gasoline for $3.35 per gallon, while the highest-priced station charged $3.79 per gallon, a spread of 44 cents. Across Louisiana, prices ranged from $3.16 to $4.99 per gallon.
Nationally, the average price of gasoline increased 13 cents over the past week to $3.95 per gallon. The national average is up 6.5 cents from a month ago and 85.7 cents higher than a year ago. Meanwhile, the national average price of diesel fell 22.3 cents from last week to $5.077 per gallon.
Among nearby markets, average gasoline prices rose to $3.60 per gallon in Little Rock, up 20.4 cents from a week earlier. Prices in Dallas increased 22.3 cents to $3.58 per gallon, while the Louisiana statewide average climbed 13.5 cents to $3.55 per gallon.
“Average gasoline and diesel prices rose in nearly every state for the second straight week, with the national average price of gasoline likely to reach $4 per gallon within the next 48 hours and diesel already back above $5 per gallon nationally,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the ongoing U.S.-Iran situation continues to weigh on markets, the story is increasingly less about crude oil and more about global refining capacity. The Strait of Hormuz remains closed while continued Ukrainian attacks on Russian refineries further squeeze an already strained supply picture. With WTI crude approaching $85 per barrel in Sunday night trading, price-cycling markets are likely to see another jolt higher in the coming days, and motorists should brace for a rougher stretch ahead.”
Historical data from GasBuddy shows Shreveport’s average gasoline price stood at $2.67 per gallon one year ago, $2.94 two years ago, $3.14 three years ago, $3.95 four years ago and $2.80 five years ago.