Arkansas’s fuel prices are still dropping

Jonesboro, Arkansas – While some states saw a tiny increase in the average gas price last week, Arkansas saw a continued decline in costs.

GasBuddy.com conducted a study of 1,826 stations in the Natural State, and the results showed that on Sunday, September 22, the average price of regular unleaded was $2.76 per gallon. That is 25.7 cents less than a month ago and 4.8 cents less than it was last week.

In the meantime, the national average increased to $3.16 per gallon last week, up 1.2 cents.

The little increase was ascribed by Patrick De Haan, head of Petroleum analysis at GasBuddy, to the US Federal Reserve’s reduction in interest rates.

According to De Haan, “the majority of these increases should be transitory, with declines returning in the days and weeks ahead.”

He gave customers the reassurance that gas prices would drop and that refinery problems would get better.

“The oil price spike may temper the negative potential just a bit—for now,” he continued, “even though the future appears favorable for gas costs to continue going lower for most in the weeks ahead.”