Average gasoline prices in Arkansas have fallen 16.0 cents per gallon in the last week, averaging $4.09 per gallon today. That’s according to GasBuddy’s survey of 1,826 stations in Arkansas that was released Monday morning.
Prices in Arkansas are 41.7 cents per gallon lower than a month ago and stand $1.24 per gallon higher than a year ago. The national average price of diesel has declined 10.8 cents in the last week and stands at $5.54 per gallon.
According to GasBuddy price reports, the cheapest station in Arkansas, the Costco in Little Rock, was priced at $3.39 per gallon yesterday while the most expensive was $5.00 per gallon, a difference of $1.61 per gallon.
The national average price of gasoline has fallen 15.8 cents per gallon in the last week, averaging $4.51 per gallon today. The national average is down 47.9 cents per gallon from a month ago and stands $1.35 per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
“We’ve seen the national average price of gasoline decline for a fifth straight week, with the pace of recent declines accelerating to some of the most significant we’ve seen in years. This trend is likely to reach a sixth straight week, with prices likely to fall again this week. Barring major hurricanes, outages, or unexpected disruptions, I forecast the national average to fall to $3.99 per gallon by mid-August,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “So far, we’ve seen the national average drop for 34 straight days, with over 25,000 stations now back at $3.99 per gallon or less, and thousands more stations will join this week. In addition, we will see several states fall back under an average of $4, the majority being in the south, but that could spread to more states in the weeks ahead.”
GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at https://prices.gasbuddy.com/charts.
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