Special to the
Camden News
Arkansas gas prices have fallen 2.0 cents per gallon in the past week, averaging $3.05/g today, according to GasBuddy's daily survey of 1,826 stations in Arkansas. Gas prices in Arkansas are 7.7 cents per gallon higher than a month ago and stand $1.24/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Arkansas is priced at $2.78/g today while the most expensive is $3.49/g, a difference of 71.0 cents per gallon. The lowest price in the state today is $2.78/g while the highest is $3.49/g, a difference of 71.0 cents per gallon.
The national average price of gasoline has fallen 2.6 cents per gallon in the last week, averaging $3.40/g today. The national average is up 9.5 cents per gallon from a month ago and stands $1.28/g higher than a year ago.
Historical gasoline prices in Arkansas and the national average going back ten years:
November 15, 2020: $1.81/g (U.S. Average: $2.12/g)
November 15, 2019: $2.28/g (U.S. Average: $2.61/g)
November 15, 2018: $2.38/g (U.S. Average: $2.65/g)
November 15, 2017: $2.30/g (U.S. Average: $2.57/g)
November 15, 2016: $1.92/g (U.S. Average: $2.14/g)
November 15, 2015: $1.99/g (U.S. Average: $2.16/g)
November 15, 2014: $2.72/g (U.S. Average: $2.89/g)
November 15, 2013: $2.92/g (U.S. Average: $3.19/g)
November 15, 2012: $3.17/g (U.S. Average: $3.43/g)
November 15, 2011: $3.26/g (U.S. Average: $3.41/g)
Neighboring areas and their current gas prices:
Memphis- $3.17/g, down 0.8 cents per gallon from last week's $3.17/g.
Little Rock- $2.99/g, down 1.3 cents per gallon from last week's $3.00/g.
Shreveport- $3.08/g, down 0.8 cents per gallon from last week's $3.09/g.
"As of Sunday evening, the national average price of gasoline posted its first weekly decline in months. As the price of oil continues to struggle, Covid cases flare up and anxiety over demand starts rising, motorists are likely to see the declines continuing into this week," said Patrick De Haan, head of petroleum analysis for GasBuddy. "While it's not known how long market conditions will continue to push gas prices down, it appears that the fall should last through Thanksgiving, just in time for millions of Americans to prepare to hit the road for the holiday. However, the damage may already be done. According to GasBuddy's Thanksgiving Travel Survey, being released tomorrow, a significant portion of Americans say the high gas prices already led them to re-think their plans."
GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA's once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.