La. gas prices goes down 1.5 cents

Louisiana gas prices have fallen 1.5 cents per gallon in the past week, averaging $1.84 per gallon Sunday, according to GasBuddy’s daily survey of 2,436 stations.
Gas prices in Louisiana are 1.1 cents per gallon lower than a month ago and stand 43.6 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Louisiana is priced at $1.54 while the most expensive is $2.89. The national average price of gasoline has fallen 1.1 cents per gallon in the last week, averaging $2.16. The national average is down 3.5 cents per gallon from a month ago and stands 47.7 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices:
—Baton Rouge- $1.76/g, down 2.6 cents per gallon from last week’s $1.79/g.
—Jackson- $1.78/g, down 1.3 cents per gallon from last week’s $1.79/g.
—New Orleans- $1.79/g, down 1.4 cents per gallon from last week’s $1.80/g.
“Gas prices have remained in very familiar territory for the sixth straight week as gasoline demand fell slightly last week, keeping oil prices confined as forces prevent it from falling under $39 but also from breaching $42 per barrel,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “However, as summer begins to fade, demand recovery may be limited, and there’s a possibility we may see more downside potential in the last quarter of the year.
“Traditionally, gasoline demand weakens into the autumn, and as the coronavirus situation keeps more kids home and more parents from work, we may see a drop in gas prices as we progress through fall. However, since no one can predict when we may rebound from the coronavirus situation, nothing long-term is set in stone, but we are on track for a seventh straight week of stable gas prices.”

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