A recent six-cent rise in gas prices puts the state average at
$2.61 a gallon for regular gasoline. AAA fuel analyst, Don
Redman, says multiple factors are all conspiring against the consumer. Redman
says recent withdrawal from the Iran deal has negatively affected the market.
“The market did react to the President’s decision to pull
out of the Iran Deal. Adding sanctions back to Iran means tightening some of
the oil coming out of that country.”
Gas prices during the summer typically fluctuates due to more
traveling and reformulated fuel. Redman says in addition to increased
sanctions, increased energy demands will affect national and global prices.
“As the economy grows, not only in the U.S. but globally, so
does the demand for energy. You see an increased demand with lower inventories
and all of this means higher prices for the consumer at the pump.”
Redman has some good news though, he does not project that
Louisiana will reach 3-dollars a gallon during the summer.
“I think the Gulf
South probably will not see 3-dollar gallons, but large portions of the country
are already there or certainly heading that direction.”
Redman says the Baton Rouge Metropolitan area averages
around $2.54 a gallon.