Gasoline prices rise 5.1 cents

(May 2, 2022) – Average gasoline prices in Arkansas rose 5.1 cents per gallon over the past week, averaging $3.78/g today, the survey found. from GasBuddy at 1,826 stations in Arkansas. Arkansas prices are 2.3 cents per gallon higher than a month ago and $1.10/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Arkansas was priced at $3.02/g yesterday, while the most expensive was $4.29/g, a difference of 1.27 $/g. Yesterday, the state’s lowest price was $3.02/g, while the highest price was $4.29/g, a difference of $1.27/g.

The national average gasoline price rose 6.9 cents per gallon last week, averaging $4.17/g today. The national average is down 1 cent per gallon from a month ago and is $1.29/g higher than a year ago, according to GasBuddy data compiled from over of 11 million weekly price reports covering more than 150,000 service stations across the country.

Historical gasoline prices in Arkansas and national average going back ten years:

May 2, 2021: $2.67/g (US average: $2.89/g)

May 2, 2020: $1.40/g (US average: $1.76/g)

May 2, 2019: $2.55/g (US average: $2.90/g)

May 2, 2018: $2.51/g (US average: $2.82/g)

May 2, 2017: $2.13/g (US average: $2.37/g)

May 2, 2016: $1.99/g (US average: $2.22/g)

May 2, 2015: $2.37/g (US average: $2.61/g)

May 2, 2014: $3.44/g (US average: $3.68/g)

May 2, 2013: $3.30/g (US average: $3.53/g)

May 2, 2012: $3.59/g (US average: $3.80/g)

Neighboring areas and their current gas prices:

Memphis – $3.97/g, up 1.9 cents per gallon from $3.95/g last week.

Little Rock – $3.72/g, up 1.7 cents per gallon from $3.70/g last week.

Shreveport – $3.78/g, up 4.4 cents per gallon from $3.73/g last week.

“Gasoline prices continued their rally last week, with oil prices holding at higher levels, but the real story is diesel fuel, which soared to its highest level ever. diesel now costs $1 a gallon or more in many areas compared to gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The meteoric rise in diesel prices is expected to continue at least for the first half of the week, while gasoline prices may continue to slowly but steadily increase. For now, the rising cost of diesel will surely be felt at the grocery store. , hardware store or on your next flight as jet fuel prices accelerate, leading to a continued rise in inflation that could ripple through the economy. »

GasBuddy is the authoritative voice for gas prices and the only source of station-level data spanning nearly two decades. Unlike AAA’s daily survey and Lundberg’s survey, which is updated once every two weeks based on a small fraction of US gas stations, GasBuddy’s survey is updated 288 times a day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most extensive and comprehensive. -to date in the country. GasBuddy data can be accessed at http://prices.GasBuddy.com.

SOURCE GasBuddy

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