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May 20, 2013 7:50 AM by About GasBuddy

Louisiana Weekly Gas Price Update and Outlook - May

Average retail gasoline prices in Louisiana have fallen 0.6 cents per gallon in the past week, averaging $3.29/g yesterday, according to GasBuddy's daily survey of 2,436 gas outlets in Louisiana. This compares with the national average that has increased 8.9 cents per gallon in the last week to $3.67/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Louisiana during the past week, prices yesterday were 16.3 cents per gallon lower than the same day one year ago and are 0.7 cents per gallon higher than a month ago. The national average has increased 16.6 cents per gallon during the last month and stands 3.0 cents per gallon lower than this day one year ago.

"The last seven days have delivered some shocks at the pump for motorists in the nation's Midwest," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "I don't believe I've ever seen gasoline prices in the Midwest surpass California- areas of Nebraska, Minnesota, Oklahoma, North and South Dakota, and Kansas- have done that. Gas price records in these areas aren't being quietly replaced, they're being blown out of the water. I don't believe I've ever seen such crazy trends in gasoline prices occur all at one- prices spiking in one area, falling in another, and holding steady in others. What we're seeing today is certainly rare," DeHaan said.


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About GasBuddy

GasBuddy operates LouisianaGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.

 

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