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

  • 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
    ArkansasGasPrices.com.
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  • 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.
    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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