Baton Rouge gas prices have fallen 5 cents per gallon in the last week and now average $2.27 per gallon, according to GasBuddy’s daily survey of 361 stations.
Despite this price drop, the average cost per gallon in the city is still 8.1 cents higher than prices were last month and 44.5 cents higher than prices were this time last year.
The cheapest Baton Rouge station charges $2.07 per gallon, and the most expensive station charges $2.59 per gallon, according to GasBuddy.
Baton Rouge’s gas prices are slightly lower than the national average, with the cheapest price nationwide being only 65 cents per gallon and the most expensive price being $4.99 per gallon.
“With Iran and the United States de-escalating rising tensions last week, oil prices plummeted back under $60 per barrel, a welcome sign for motorists who had believed gas prices were about to shoot up,” GasBuddy’s head of petroleum analysis, Patrick DeHaan, said. “For now, the reduced tensions may lead gas prices to again begin falling in most states over the next few weeks before seasonal factors then again push prices back up.”
DeHaan said prices may continue to fall over the next four weeks due to weakened gasoline demands, but by mid-February, that trend may end.