Arkansas Gas Prices See Notable Weekly Decline

Drivers across Arkansas are seeing some relief at the pump this week as gasoline prices have trended downward. According to a recent survey of 1,826 stations conducted by GasBuddy, the average price of gasoline in the state has dropped by 13.6 cents over the past seven days, bringing the current state average to $3.89 per gallon.

Despite this recent dip, costs remain elevated when compared to previous months and years. Current prices in Arkansas are 4.2 cents higher than they were one month ago and stand $1.12 per gallon higher than they were at this time last year.

The data also highlights a significant disparity in pricing across the state. The most affordable gasoline was found in Jonesboro, priced at $3.33 per gallon. In contrast, the most expensive fuel was listed at $4.69 per gallon, representing a substantial price gap of $1.36 between the cheapest and most costly stations. Additionally, the market for diesel has seen a decline, with the national average price dropping 15.5 cents over the last week to settle at $5.43 per gallon.

On a broader scale, the national trend mirrors the decline seen in Arkansas, though the drop was more pronounced. The national average for gasoline fell by 19.5 cents in the past week, resulting in an average price of $4.26 per gallon. While the national average is 17.8 cents lower than it was a month ago, it remains $1.18 higher than last year's average.

These national figures are based on extensive data compiled by GasBuddy, which analyzed more than 11 million weekly price reports from over 150,000 gas stations across the United States.