Average retail gasoline prices in Arkansas have risen
2.6 cents per gallon in the past week, averaging $3.17/g yesterday. This
compares with the national average that has not moved in the last week to
$3.43/g, according to gasoline price website ArkansasGasPrices.com.
Including the change in gas prices in Arkansas during the past week, prices
yesterday were 1.8 cents per gallon higher than the same day one year ago
and are 15.8 cents per gallon lower than a month ago. The national average
has decreased 14.1 cents per gallon during the last month and stands 11.0
cents per gallon higher than this day one year ago.
"While Thanksgiving 2012 is now behind us, the stigma of record high
gasoline prices is not," said GasBuddy.com Senior Petroleum Analyst Patrick
DeHaan. "Thanksgiving Day 2012 featured the highest ever daily average for
the holiday, beating out 2011 by over 10-cents per gallon. The national
average may continue to moderate slightly by Christmas, but I'm not
expecting significant decreases or increases in the national average in the
short term at this point. There are several factors putting both upward
pressure and downward pressure on oil and gasoline, and I expect some
fluctuation in prices, but overall, there will likely not be much change
between today and Christmas," DeHaan said.
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