Gas prices continue to drop in Baton Rouge; experts anticipate further decline

Gas prices continue to drop in Baton Rouge; experts anticipate further decline
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POSTED: Monday, July 1, 2013 - 12:30pm

UPDATED: Monday, July 1, 2013 - 12:34pm

Gas prices in Baton Rouge continue to fall just in time for the 4th of July holiday.

Average prices in Baton Rouge have fallen 5.3 cents per gallon in the past week, averaging $3.26 per gallon yesterday, according to GasBuddy.com. This is consistent with the national average that has fallen 5.7 cents per gallon in the last week to $3.50 per gallon.

"After an impressive surge abated several weeks ago, we're seeing gasoline prices decline nicely," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "One in five states currently has at least one gas station with gasoline under $3/gallon: South Carolina, Alabama, Tennessee, Oklahoma, Ohio, Texas, New Mexico, Virginia, Indiana, and Michigan all have at least one station statewide under $3.

Including the change in gas prices in Baton Rouge during the past week, prices yesterday were 21.0 cents per gallon higher than the same day one year ago and are 2.5 cents per gallon lower than a month ago. The national average has decreased 13.6 cents per gallon during the last month and stands 12.9 cents per gallon higher than this day one year ago.

The national average is likely to continue its decline this week as retail prices catch up to the decrease in wholesale gasoline prices," DeHaan said.
 

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