Arkansas gas prices rising as crude oil prices rise

Little Rock, Arkansas – Gas prices are increasing nationwide and in the state of Arkansas due to rising crude oil costs.

According to the AAA Arkansas Weekend Gas Watch, the average gas price across the state is $3.06 for a gallon of regular unleaded fuel. The cost has increased by 11 cents since the previous week.

According to a press release from AAA, the average price for a gallon of gas in Texarkana is $3.11, while prices in Little Rock-North Little Rock and Pine Bluff are the lowest at $3.03.

According to gasprices.aaa.com, drivers in Arkansas pay the 6th lowest national average for gas costs.

Drivers in California are currently paying the highest average price for a gallon of regular unleaded gas at $4.43.

Gas prices in Arkansas have increased across the state as a result of the recent increase in the price of crude oil.

Chinese demand for crude oil is expected to increase as the nation purportedly relaxes COVID-19 limitations, according to AAA.

More than half of the price of a gallon of gasoline is made up of crude.

“Pump prices have been on an upward swing as crude oil prices rise,” said AAA spokesperson Nick Chabarria. “Crude oil accounts for about 60% of the cost that goes into each gallon of gasoline. To maximize fuel consumption, drivers should have their vehicle serviced regularly and avoid speeding.”

According to AAA Gas Prices, the national average price for a gallon of regular unleaded gasoline is $3.38, which is 11 cents more expensive than it was on this day last week and six cents more expensive than it was at the same time last year.