AAA: Arkansas drivers could see $4 gas prices in the near future

LITTLE ROCK, Arkansas — Gas prices in Arkansas continue to rise with no signs of falling as inflation hits highs across the country.

According to AAA, the average price of a gallon of regular gasoline in Arkansas is $3,901 Thursday morning, down from $3,840 in the past 24 hours. In the space of a week, AAA officials report that the average price of a gallon of gasoline has risen nearly 57 cents.

To break down average gasoline prices across metropolitan areas of Arkansas, drivers in Texarkana pay the most on average at $4.15, while drivers in Fort Smith pay the least on average at $3.77 .

Drivers in the Little Rock-North Little Rock and Hot Springs area should expect to pay $3.91 for a gallon of unleaded gasoline. Pine Bluff drivers pay a little more at the pump with gas prices at $3.97.

Other states are also seeing the impact of national supply issues as gas prices soar to incredible heights. The national average saw a slight increase from $4.252 to $4.318 since Wednesday. Looking at the daily increase may not seem as crucial, but looking at the weekly increase may be more of a concern for drivers.

Last week, the national average was $3,728, which means the national average rose 59 cents in just seven days.

Arkansas is currently the 5th cheapest state to buy gasoline, with Kansas in first place at an average of $3.82 per gallon and Minnesota in 10th place at an average of $3.95 per gallon. .

AAA’s Nick Chabarria noted that the continued rise in gas prices is approaching records set nearly 15 years ago.

“Gas prices are climbing at a weekly rate we’ve never seen before, approaching records set in 2008 statewide,” Chabarria said. “Prices are expected to continue to rise due to Russia’s invasion of Ukraine and its impact on crude oil prices.”

For the latest fuel prices near you, visit our Gas Tracker section.

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