Gas prices in the Bayou State are about a quarter cheaper than this time last year. Triple A spokesperson Nick Chabarria says gas prices have been on a downward trend for about the last six weeks.
“So, we’ve seen significant declines at the pump largely brought on by lower crude oil prices and stabilized crude oil prices,” said Chabarria.
However, Chabarria says the bitter cold temperatures we’ve experienced could have an impact on refineries.
“Which could start to cause prices to rebound some but at least in the meantime certainly cheaper gas prices this year than last,” said Chabarria.
And while the artic weather could force some to delay or even cancel their travels, Chabarria says that could cause some areas of the country to see a drop in demand, but he doesn’t believe it would make a lasting impact on prices.
“We’re still expecting a large number of folks to hit the roads for the holiday, so some welcome news for those taking holiday road trips,” said Chabarria.
Click here for Triple AAA average gas prices.
Comments