Gas prices inching downwards - KNOE 8 News; KNOE-TV; KNOE.com |

Gas prices inching downwards

Posted: Updated: Sep 10, 2012 08:50 AM

MONROE, La., (KNOE 8 News) - Interesting changes in gas prices this past week. Here in Louisiana we saw prices drop about a penny a gallon to $3.66 a gallon, while nationally those prices continued to rise, going up 1.3¢ a gallon to $3.81.

At the same time, it's worthwhile to note that Louisiana is still 17.3¢ a gallon higher than this time last year, and 16.1¢ a gallon higher than a month ago. Nationally, the price is up 14.9¢ from a year ago and 14.6¢ higher than a month ago.

"Even with Isaac long gone, the oil industry is still bringing capacity back online- at refineries and oil rigs, which is keeping pressure on prices," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Supply remains tight across the country as we slowly approach the transition to winter-spec gasoline, but I continue to be firm in believing that the national average will start to decline towards the end of September, as is typically the case."

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