Arkansas Gas Prices on the Downward Trend
Gas prices in Arkansas are continuing to drop, offering a welcome respite to drivers across the state.
The latest AAA report reveals that the average cost for a gallon of regular unleaded fuel has dropped to .95, marking a 5-cent decrease from the previous week’s average of .
This downward trend is not limited to just a single week; it is part of a broader pattern. Compared to the same time last year, the current average reflects a significant drop of 44 cents.
Regional Variations and Rankings
- Little Rock and North Little Rock have a slightly lower average at .94 per gallon.
- Hot Springs is aligned with the state average at .95 per gallon.
- Pine Bluff has prices reaching per gallon, slightly higher than the state average.
- Greene County boasts the lowest average in the state at .77 per gallon.
- Montgomery County holds the highest average at .24 per gallon.
Arkansas has the eighth-lowest fuel prices nationally, with the national average standing at .31. California tops the list with the highest prices at .66 per gallon.
Factors Contributing to the Price Drop
The decrease in prices is largely attributed to the transition to cheaper winter-blend gasoline, which has a higher vapor pressure. AAA spokesperson Nick Chabarria notes that while fluctuations are possible, it is likely that drivers will continue to observe falling prices at the pump as temperatures drop.
Investments in Infrastructure
Arkansas is set to receive over million in federal funding aimed at enhancing road infrastructure, with Little Rock being awarded million of that total.
The completion of the Bryant Parkway expansion, opening on Friday, is another significant development in the state’s infrastructure landscape.
