Average retail gasoline prices in Arkansas have fallen 2.9 cents per gallon in the past week, averaging $3.45/g yesterday, according to GasBuddy's daily survey of 1,826 gas outlets in Arkansas. This compares with the national average that has fallen 2.5 cents per gallon in the last week to $3.64/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Arkansas during the past week, prices yesterday were 26.5 cents per gallon lower than the same day one year ago and are 16.7 cents per gallon lower than a month ago. The national average has decreased 9.5 cents per gallon during the last month and stands 21.9 cents per gallon lower than this day one year ago.
"Average gasoline prices have continued to quietly move lower in the last week across much of the United States at a time of year when we historically are accustomed to seeing prices move higher," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "As of late last week, all fifty states saw lower gasoline prices than the same date last year, and the savings at the pump for motorists- while not staggering- amounts to millions of dollars a day," DeHaan said.
Arkansas Weekly Gas Price Update is courtesy of GasBuddy.com