Gas prices go down in Baton Rouge last week, remain significantly higher than one year ago

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BATON ROUGE, La. (BRPROUD) – Remember what it was like to go to the gas pump one year ago or even last month?

According to GasBuddy.com, “Gas prices in Baton Rouge are 16.7 cents per gallon higher than a month ago and stand $1.36/g higher than a year ago.”

Needless to say, filling up your vehicle these days is not as pleasant as it was just one month ago.

If there is a bit of good news, average gas prices in the area have gone down over the last seven days.

“Baton Rouge gas prices have fallen 2.2 cents per gallon in the past week, averaging $3.10/g today,” according to GasBuddy.com.

If you are looking for the cheapest gas in Baton Rouge, that would be $2.87 per gallon.

“Last week saw oil prices briefly fall back under $80 for the first time in weeks. While it wasn’t enough to provide much relief last week, we should see small declines this week in a majority of the country, thanks to the corresponding drop in wholesale gasoline prices,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “At OPEC’s monthly meeting last week, the cartel held firm to the small increases they agreed to in July, raising November production by 400,000 barrels per day. With President Biden still mulling over options to help push gas prices down, we could continue to see some volatility in oil prices. I don’t immediately see a large decline or surge coming in the run up to Thanksgiving, but U.S. gasoline demand does remain strong. Levels are currently rivaling September demand, so we know high prices aren’t significantly curbing consumption.”

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