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Report shows Arkansas gas prices fell from last week

Reports show Arkansas gas prices are 3 cents lower than last week and 80 cents lower than a year ago.

ARKANSAS, USA — Local Prices:

According to GasBuddy's survey of 1,826 stations in Arkansas, Average gasoline prices in Arkansas have fallen 3 cents per gallon in the last week, averaging $2.99/g today. 

Prices in Arkansas are 1.7 cents per gallon higher than a month ago and stand 80.3 cents per gallon higher than a year ago. 

The national average price of diesel has fallen 5.9 cents in the last week and stands at $4.19 per gallon. 

According to GasBuddy price reports, the cheapest station in Arkansas was priced at $2.75/g yesterday while the most expensive was $3.86/g. 

National Prices:

The national average price of gasoline has fallen 0.3 cents per gallon in the last week, averaging $3.40/g today. 

The national average is up almost 7.8 cents per gallon from a month ago and stands 83 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.

Historical gasoline prices in Arkansas and the national average:

  • March 27, 2022: $3.79/g (U.S. Average: $4.23/g)
  • March 27, 2021: $2.67/g (U.S. Average: $2.85/g)
  • March 27, 2020: $1.77/g (U.S. Average: $1.99/g)
  • March 27, 2019: $2.41/g (U.S. Average: $2.69/g)
  • March 27, 2018: $2.36/g (U.S. Average: $2.63/g)
  • March 27, 2017: $2.05/g (U.S. Average: $2.28/g)
  • March 27, 2016: $1.87/g (U.S. Average: $2.04/g)
  • March 27, 2015: $2.19/g (U.S. Average: $2.43/g)
  • March 27, 2014: $3.31/g (U.S. Average: $3.53/g)
  • March 27, 2013: $3.44/g (U.S. Average: $3.65/g)

Neighboring area's prices:

  • Memphis - $3.14/g, down 1.1 cents per gallon from last week's $3.15/g
  • Little Rock - $2.95/g, down 3.7 cents per gallon from last week's $2.99/g
  • Shreveport - $3.00/g, up 5.7 cents per gallon from last week's $2.94/g

"The national average price of gasoline has seen little overall change over the last week, with big decreases in states like Colorado and Ohio offset by large increases in Arizona and North Carolina. While more states saw declines than increases, any downward trends are still likely to be temporary and not necessarily long lasting," said Patrick De Haan, head of petroleum analysis at GasBuddy. 

"While Colorado's refinery issues are largely moving into the rearview mirror, challenges making the transition to summer gasoline in Arizona are leading to tight supply and accelerating prices. Motorists in some areas may be on the receiving end of good news, while others may not as we hit the second half of refinery maintenance season," Haan continues.

"You never know what the closing moments will look like, and motorists could be in for a dramatic ride if issues develop," said Haan.

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