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Newport Independent - Newport, AR
  • Arkansas Weekly Gas Price Update

  • Arkansas, November 4- Average retail gasoline prices in Arkansas have fallen
    6.5 cents per gallon in the past week, averaging $3.24/g yesterday. This
    compares with the national average that has fallen 5.6 cents per gallon in
    the last week to $3.51/g, according to gasoline price website
    ArkansasGasPrices.com.
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  • Including the change in gas prices in Arkansas during the past week, prices
    yesterday were 3.1 cents per gallon lower than the same day one year ago and
    are 30.5 cents per gallon lower than a month ago. The national average has
    decreased 28.4 cents per gallon during the last month and stands 7.0 cents
    per gallon higher than this day one year ago.
    "Even with Hurricane Sandy causing havoc on refineries and infrastructure in
    the Northeast, gasoline prices nationally have continued to trend lower,"
    said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "It goes to show
    how much more significant the Gulf Coast is to this nation's energy backbone
    when such a massive storm causes no major rise in the national average. The
    good news is that average prices will likely continue to decline, perhaps to
    $3.35/gal nationally by Thanksgiving. For those in Sandy's wake, fuel
    availability remains difficult, and is the reason GasBuddy has implemented
    an emergency fuel availability service," DeHaan said. The Hurricane Sandy
    fuel availability site can be found by navigating to
    http://www.gasbuddy.com/sandy/.
    About ArkansasGasPrices.com
    GasBuddy operates ArkansasGasPrices.com and over 250 similar websites that
    track gasoline prices at over 140,000 gasoline stations in the United States
    and Canada. In addition, GasBuddy offers a free smartphone app which has
    been downloaded over 20 million times to help motorists find gasoline prices
    in their area. In Arkansas, GasBuddy tracks price changes at 1,826 retail
    outlets.

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