Satellite Satellite

Too good to be true? Baton Rouge gas prices follow national trend, could drop below $3

Too good to be true? Baton Rouge gas prices follow national trend, could drop below $3
Photo provided by MGN Online.
Good News!

POSTED: Monday, September 30, 2013 - 6:00pm

UPDATED: Monday, September 30, 2013 - 6:17pm

Average retail gasoline prices in Baton Rouge have fallen 5.1 cents per gallon in the past week, averaging $3.20/g yesterday. This compares with the national average that has fallen 5.8 cents per gallon in the last week to $3.43/g.

Including the change in gas prices in Baton Rouge during the past week, prices yesterday were 33.1 cents per gallon lower than the same day one year ago and are 20.9 cents per gallon lower than a month ago. The national average has decreased 18.8 cents per gallon during the last month and stands 36.6 cents per gallon lower than this day one year ago.

"Gasoline prices continue to erode with twelve states that are seeing prices under $3/gallon, and more states will join in on that over the next seven days" said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "While it's generally good news that gasoline prices continue falling, many Americans don't believe we're likely to see national averages drop under $3/gal over the next year at the pump," DeHaan said.

GasBuddy surveyed over 10,000 motorists with two-thirds of respondents saying that the national average will remain between $3 and $4 per gallon through 2014. Perhaps in a sign of positive sentiment, just 13 percent of respondents said they thought that prices nationally would exceed $4/gallon, while 20 percent believed prices could go under $3/gallon.

Where's the cheapest place you've found gas? Tell us on the NBC33 Facebook page.
 

Comments News Comments

Post new Comment