Gas prices continue to fall across the state
Published 5:18 pm Wednesday, December 28, 2022
Average gasoline prices in Mississippi have fallen 4.8 cents per gallon in the last week, averaging $2.67/g Monday. The data comes from GasBuddy’s survey of 2,014 stations in Mississippi.
Prices in Mississippi are 32.8 cents per gallon lower than a month ago and stand 24.2 cents per gallon lower than a year ago. The national average price of diesel has fallen 8.6 cents in the last week and stands at $4.68 per gallon.
The cheapest station in Mississippi was priced at $2.32/g Sunday, Christmas Day, while the most expensive was $3.24/g, a difference of 92.0 cents per gallon.
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Gas at all five Prentiss stations is at $2.89 a gallon as of Tuesday afternoon.
The national average price of gasoline has fallen 4.9 cents per gallon in the last week, averaging $3.05/g Monday. The national average is down 50.2 cents per gallon from a month ago and stands 20.3 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
Historical gasoline prices in Mississippi and the national average going back 10 years on Dec. 26:
2021: $2.91/g (U.S. Average: $3.25/g)
2020: $1.90/g (U.S. Average: $2.25/g)
2019: $2.23/g (U.S. Average: $2.54/g)
2018: $1.97/g (U.S. Average: $2.30/g)
$2.17/g (U.S. Average: $2.44/g)
$2.07/g (U.S. Average: $2.28/g)
$1.76/g (U.S. Average: $2.00/g)
$2.12/g (U.S. Average: $2.30/g)
$3.05/g (U.S. Average: $3.26/g)
$3.08/g (U.S. Average: $3.23/g)
Neighboring areas and their current gas prices:
Baton Rouge — $2.68/g, down 1.7 cents per gallon from last week’s $2.70/g.
Jackson — $2.66/g, down 3.3 cents per gallon from last week’s $2.69/g.
Louisiana — $2.69/g, down 1.9 cents per gallon from last week’s $2.71/g.
“While the national average declined for the seventh straight week, with oil prices rallying, it remains to be seen if we will manage another week of gasoline price declines. We’re still waiting for the national average to fall below $3 per gallon, something that is suddenly a bit less likely given the extreme cold weather, interrupting refining operations in the south, curbing gasoline production and potentially driving prices up slightly,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“While some of the nation’s lowest priced gas stations will probably be forced to raise prices slightly, with some declines still happening in the West Coast, there remains a chance, albeit smaller one, that we could still see the national average fall below $3 per gallon.
With the New Year on the doorstep, however, the biggest question motorists have remains what will happen in 2023 — a question GasBuddy’s annual Fuel Outlook will answer later this week.”
GasBuddy data is accessible at http://prices.GasBuddy.com.