Louisiana Gas Prices Continue To Fall
If you've still got Summer driving to do there is good news at the gas pump. According to AAA, the American Automobile Association, you're paying about a nickel a gallon less for gasoline compared to last month. The average price for a gallon of gas in the state of Louisiana was $2.53.
Donald Redman is a spokesman for Triple-A and he says this trend of lower gas prices is expected to hold at least through the Summer driving season if they don't actually drop further.
Barring of course any major disruption in the refining process, we could see prices continue drop another 5 to 10 cents a gallon.
Redman in his comments to the Louisiana Radio Network did say that other parts of the country were not quite so lucky. For example, on the West Coast drivers there are actually paying about .20 cents more per gallon because of a refinery issue.
Redman went on to explain that as economies in Europe continue to struggle this will strengthen the U.S. Dollar. That change affects the price of oil around the world. Current oil prices have slipped just a bit from around $60 per barrel to almost $50 per barrel.