Baton Rouge gas prices fell 2.5 cents in the last week, averaging $2.08 per gallon Monday, which is 9.2 cents per gallon lower than last month and 15.8 cents per gallon lower than this time last year.
The information came from a survey of 361 local stations by GasBuddy, the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades.
GasBuddy found that the cheapest Baton Rouge gas station charges $1.92 per gallon, while the most expensive station charges $2.49 per gallon.
“As we approach the holiday season, gas prices continue to see some volatility, but thankfully ahead of the Thanksgiving holiday, prices appear to be in a downward trend in most areas,” GasBuddy’s head of petroleum analysis, Patrick DeHaan, said. “The downward move isn’t likely to last forever, especially with the U.S. and China close to a trade deal according to White House sources, and with an OPEC meeting upcoming, there could be some upward pressure on oil prices and that may tug gasoline along with it as we finish 2019.”
DeHaan said drivers, especially in the south, should enjoy the low gas prices while they last, as a stronger economy comes with a higher demand for oil, which causes an increase in gas prices.
For more information from GasBuddy, visit http://fuelinsights.gasbuddy.com/.