Survey: Gas prices averaging $2.12 per gallon in Baton Rouge - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Survey: Gas prices averaging $2.12 per gallon in Baton Rouge

Gasoline prices (Source: WAFB) Gasoline prices (Source: WAFB)
BATON ROUGE, LA (WAFB) - Average retail gasoline prices in Baton Rouge have fallen 8.8 cents per gallon in the past week, according to GasBuddy's daily survey of 361 gas outlets. The average local cost is $2.12 per gallon compared to the national average which is about $2.28 per gallon, a 9.6 cents decline.

The prices are .99 cents per gallon lower than the same day one year ago and are 45.2 cents per gallon lower than a month ago. The national average has decreased 50.6 cents per gallon during the last month and stands 100.5 cents per gallon lower than a year ago.

"The dramatic decline at the pump continues to reap significant savings for the motoring public- over $525 million less spent every day versus this past summer or $375 million less than the same time last year,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. "The slump in crude oil has wavered slightly and we're in the fourth quarter of the game. However, there is still a chance that crude prices resume their slump again, and carry the pump plunge into overtime," DeHaan said.

Copyright WAFB 2014. All Rights Reserved.

Powered by Frankly