Gas prices are on the rise in Baton Rouge

BATON ROUGE, La. (LOCAL 33) (FOX 44) - Gas prices are on the rise in Baton Rouge according to Gasbuddy.com.

Gasbuddy's daily survey of 361 gas outlets in Baton Rouge found that in the last week gas prices have risen 3.6 cents per gallon. 

The website GasBuddy.com said that the average gas price in Baton Rouge as of Sunday, February 4 was $2.38 per gallon. 

The average gas price increase in Baton Rouge is almost double that of the national average, which last week was 1.9 cents per gallon. 

GasBuddy.com said that the average price for gas nationally is $2.60 per gallon. 

According to GasBuddy.com, if you include the "change in gas prices in Baton Rouge during the past week, prices yesterday were 26.4 cents per gallon higher than the same day one year ago and are 20.3 cents per gallon higher than a month ago."

"High oil prices continue to push gasoline prices to territory that Americans haven't seen for years, aside from Hurricane Harvey last September," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "While oil production in the U.S. reaches highs not seen since the 1970's, OPEC's production cuts for the last year have weighed heavily on global inventories, mitigating any small rise in U.S. production. And the damage could get even worse as refinery maintenance season and summer gasoline is on the horizon. This has been a storm brewing since the Obama administration legalized oil exports and OPEC decided to forgo market share to tighten global supply. All of this and more will lead to average gas prices being 25-50 cents per gallon higher by Memorial Day."

For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.  


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