Average retail gasoline prices in Arkansas have fallen
1.2 cents per gallon in the past week, averaging $3.16/g yesterday. This
compares with the national average that has fallen 3.7 cents per gallon in
the last week to $3.39/g, according to gasoline price website
Including the change in gas prices in Arkansas during the past week, prices
yesterday were 3.2 cents per gallon higher than the same day one year ago
and are 8.9 cents per gallon lower than a month ago. The national average
has decreased 11.3 cents per gallon during the last month and stands 10.0
cents per gallon higher than this day one year ago.
"While the national average continues to fall, we've done the math- the
yearly average in 2012 is all but guaranteed to set all time record highs,"
said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "We still stand
at $3.63/gal for a yearly average, and gasoline prices would need to average
no more than $2.35/gallon for every day left in 2012 for the national yearly
average to drop below 2011, something that appears impossible. In the
meanwhile, we have lowered our forecast for Christmas gasoline prices to
average between $3.25-$3.35/gallon," 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