Average retail gasoline prices in Arkansas have fallen 5.6 cents per gallon in the past week, averaging $3.57/g yesterday, according to GasBuddy's daily survey of 1,826 gas outlets in Arkansas. This compares with the national average that has fallen 2.8 cents per gallon in the last week to $3.70/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Arkansas during the past week, prices yesterday were 1 cent per gallon higher than the same day one year ago and are 21.9 cents per gallon higher than a month ago. The national average has increased 21.6 cents per gallon during the last month and stands 0.7 cents per gallon lower than this day one year ago. "Gasoline prices have continued to remain relatively stable in the last week, falling a few cents per gallon, providing well needed relief to motorists," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Perhaps more noteworthy, however, is the fact that current average gasoline prices have now fallen under their year ago levels. And perhaps the best news is that the national average will likely continue to decline in most areas east of the Rockies in the week ahead as wholesale gasoline prices have given up ground," DeHaan said. About GasBuddy 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 25 million times to help motorists find the lowest gasoline prices in their area.