Average retail gasoline prices in Arkansas have risen 16.1 cents per gallon in the past week, averaging $3.34/g yesterday, according to GasBuddy's daily survey of 1,826 gas outlets in Arkansas. This compares with the national average that has increased 14.4 cents per gallon in the last week to $3.48/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Arkansas during the past week, prices yesterday were 2.8 cents per gallon higher than the same day one year ago and are 21.0 cents per gallon higher than a month ago. The national average has increased 21.1 cents per gallon during the last month and stands 4.4 cents per gallon higher than this day one year ago.
"The national average has ticked higher in the last week, as rising oil prices have put upward pressure on gasoline prices," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Unfortunately for angry motorists, there doesn't seem to be much relief in sight, at least for the time being, as retail prices continue to climb in virtually all areas of the country," DeHaan said.
Arkansas Weekly Gas Price Update and Outlook is available courtesy of GasBuddy.com