SHREVEPORT, La. — Average gasoline prices in Shreveport fell 5.8 cents per gallon over the past week to an average of $2.23 per gallon Monday, according to GasBuddy’s survey of 177 stations in the area.
Local prices are 15.8 cents lower than a month ago and 28.8 cents lower than a year ago. The cheapest station in Shreveport was reported at $2.04 per gallon Sunday, while the most expensive was $2.59, a 55-cent range. Across Louisiana, prices ranged from $1.96 to $3.15 per gallon.
Nationally, the average price of gasoline declined 4 cents to $2.75 per gallon, down 22.6 cents from a month ago and 22.4 cents lower than the same time last year. The average price of diesel fell 5.4 cents to $3.52 per gallon.
Historical data show that on Dec. 29, 2024, Shreveport drivers paid an average of $2.52 per gallon, compared to $2.65 in 2023, $2.72 in 2022, $2.90 in 2021, and $1.90 in 2020.
Neighboring cities reported similar trends, with prices in Little Rock averaging $2.27 per gallon, Dallas at $2.40, and the Louisiana statewide average at $2.37.
“For the fifth straight week, the national average price of gasoline has declined, with all but a handful of states seeing prices move lower,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices have remained relatively low even amid the U.S. blockade on Venezuela’s oil exports. With refineries running at seasonally high output and gasoline inventories building, most states—outside of price-cycling markets—have continued to see declines, with some stations in nearly a dozen states now dipping below the $2-per-gallon mark. That trend could persist a bit longer before prices finally bottom out sometime in January or February.”
GasBuddy, a PDI Technologies company, tracks fuel prices at more than 150,000 gas stations across North America and updates averages nearly 300 times per day using a mix of user reports, direct station data, and transaction information.