Gas prices staying low
Rates continue to drop as Labor Day travel approaches
www.gasbuddy.com LITTLE ROCK — Arkansas gas prices have fallen 3.2 cents per gallon in the past week, averaging $2.27/gallon today, according to GasBuddy’s daily survey of 1,826 stations. Gas prices in Arkansas are 15.8 cents per gallon lower than a month ago, yet stand 28.5 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Arkansas is priced at $1.89/gallon today while the most expensive is $2.99/gallon, a difference of $1.10/gallon.
The lowest price in the state today is $1.89/gallon while the highest is $2.99/ gallon, a difference of $1.10/gallon. The cheapest price in the entire country today stands at $1.81/gallon while the most expensive is $5.09/gallon, a difference of $3.28/gallon.
The national average price of gasoline has fallen 3.5 cents per gallon in the last week, averaging $2.60/ gallon today. The national average is down 17.0 cents per gallon from a month ago, yet stands 22.2 cents per gallon lower than a year ago.
Historical gasoline prices in Arkansas and the national average going back a decade: August 19, 2018: $2.56/ gallon (U.S. Average: $2.82/gallon) August 19, 2017: $2.09/ gallon (U.S. Average: $2.32/gallon) August 19, 2016: $1.97/ gallon (U.S. Average: $2.15/gallon) August 19, 2015: $2.33/ gallon (U.S. Average: $2.66/gallon) August 19, 2014: $3.22/ gallon (U.S. Average: $3.44/gallon) August 19, 2013: $3.31/ gallon (U.S. Average: $3.53/gallon) August 19, 2012: $3.52/ gallon (U.S. Average: $3.72/gallon) August 19, 2011: $3.44/ gallon (U.S. Average: $3.58/gallon) August 19, 2010: $2.53/ gallon (U.S. Average: $2.70/gallon) August 19, 2009: $2.47/ gallon (U.S. Average: $2.60/gallon) Neighboring areas and their current gas prices: Memphis – $2.36/ gallon, down 4.1 cents per gallon from last week’s $2.40/gallon.
St. Louis – $2.27/gallon, down 2.6 cents per gallon from last week’s $2.29/ gallon.
Shreveport – $2.15/gallon, down 5.0 cents per gallon from last week’s $2.20/ gallon.
“For a surprising fifth straight week, the national average has declined, ushering in lower gas prices to every state and providing relief to consumers who’ve watched the stock market tank, but of for the same reason oil prices have plunged,” said Patrick DeHaan, head of petroleum analysis for Gas-Buddy. “While gasoline demand remains healthy, continued worry over U.S.
and China relations clouds energy markets and has weighed significantly on oil prices. As the summer draws to a close, the declines may slow down as new signs from both the U.S. and China show a less aggressive tone regarding trade, but we’ll have to see if that materializes into something concrete in the weeks ahead. For now I believe we’ll see more moves to the downside for most states as the national average continues to move to fresh summer lows as Labor Day approaches.”
For live fuel price averages, visit http://FuelInsights. GasBuddy.com, or download the GasBuddy app today for even more savings.
