Including the change in gas prices in Arkansas during the past week, prices yesterday were 33.2 cents per gallon lower than the same day one year ago and are 16.2 cents per gallon lower than a month ago. The national average has decreased 10.3 cents per gallon during the last month and stands 28.1 cents per gallon lower than this day one year ago.
"Gas prices in March came in like a lion and are going out like a lamb," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "For the first time in a decade gasoline prices are going to be lower at the end of March than the beginning. GasBuddy data shows that the last time this happened was in 2003 when prices fell a nickle between the start of the month and the conclusion. Essentially what we're seeing here this month is perhaps the largest monthly decrease ever during the month of March- a month that has almost always seen prices finishing the month substantially higher than where they entered," 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 25 million times to help motorists find the lowest gasoline prices in their area.