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Gas prices drop by a fraction of a cent

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Average retail gasoline prices in Arkansas have fallen 0.6 cents per gallon in the past week, averaging $2.53/g yesterday, according to GasBuddy’s daily survey of 1,826 gas outlets in Arkansas. This compares with the national average that has fallen 1.1 cents per gallon in the last week to $2.80/g, according to gasoline price website GasBuddy.com. Including the change in gas prices in Arkansas during the past week, prices yesterday were 95.6 cents per gallon lower than the same day one year ago and are 7.1 cents per gallon higher than a month ago. The national average has increased 5.4 cents per gallon during the last month and stands 88.9 cents per gallon lower than this day one year ago.
“At long last the national average for a gallon of gasoline has seen a decline in the last week, helped by relief in the Great Lakes, where refinery issues seem to be behind us as several have restarted over the last week,” said Patrick DeHaan, GasBuddy senior petroleum analyst.

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