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GasBuddy: Arkansas prices decline before Thanksgiving holiday

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Average gasoline prices in Arkansas fell 5.6 cents per gallon in the last week, averaging $2.86 per gallon on Monday, according to GasBuddy’s survey of 1,826 stations in Arkansas.

Prices in Arkansas are 25.3 cents per gallon lower than a month ago and stand 24.0 cents per gallon lower than a year ago. The national average price of diesel has fallen 6.9 cents in the last week and stands at $4.28 per gallon.

According to GasBuddy price reports, the lowest price in the state yesterday was $2.47 per gallon, while the highest was $3.99 per gallon, a difference of $1.52 per gallon.

The national average price of gasoline has fallen 6.2 cents per gallon in the last week, averaging $3.27 per gallon today.

The national average is down 25.9 cents per gallon from a month ago and stands 36.9 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“As millions of Americans gear up to hit the road for Thanksgiving, the national average is seeing its longest streak of declines in over a year, reaching a ninth straight week as gas prices fall to their lowest since January,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “GasBuddy now counts over 65,000 stations with a price of $2.99 per gallon or lower, while 11 states are seeing average prices below $3. In addition, we could see five more states join the sub-$3 club by Thanksgiving. The fall in gas prices, largely seasonal due to weakening gasoline demand, could extend for another week or two, leading to potentially the lowest gas prices since 2021 by Christmas.”

GasBuddy data is accessible at http://prices.GasBuddy.com.


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