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Gas prices drop slightly ahead of Memorial Day

Gas prices in Mississippi have fallen 1.8 cents per gallon in the past week, averaging $2.69 per gallon Monday, according to a daily survey by GasBuddy of 2,014 stations across the state.

In Brookhaven, gas prices ranged Monday from $2.61 to $2.69 per gallon.

In Mississippi, Gasoline prices are 14.7 cents per gallon higher than one month ago and $1.12/gallon higher than one year ago.

The cheapest station in the state Monday had gas for $2.47/gallon and the most expensive was $2.99.

The national average price of gasoline has fallen 1.9 cents per gallon in the past week, averaging $3.02 Monday — up 14 cents from one month ago and $1.07 higher than one year ago.

The average price of gasoline in Jackson and across Louisiana Monday was $2.71 per gallon. Though Louisiana’s remains unchanged, Jackson’s average price has dropped 2.9 cents per gallon in the past week.

“In the lead up to Memorial Day, we haven’t seen gas prices come down much, though with oil’s recent move lower, we should start to see more drops at the pump materialize in the days ahead,” said GasBuddy head of petroleum analysis Patrick De haan. “With the Colonial Pipeline situation continuing to improve in Southeastern states, fueling up for the holiday weekend shouldn’t be too challenging.”

De Haan said he expected prices to inch lower over the next several days through the holiday.

“So motorists need not rush to fill their tanks as the drop in oil prices should manifest into lower gas prices as we begin the summer driving season,” he said.

 

Historical gas prices in Mississippi and the national average for May 24, going back 10 years:

  • 2020: $1.57/g (U.S. Average: $1.95/g)
  • 2019: $2.42/g (U.S.: $2.84/g)
  • 2018: $2.64/g (U.S.: $2.97/g)
  • 2017: $2.09/g (U.S.: $2.37/g)
  • 2016: $2.05/g (U.S.: $2.29/g)
  • 2015: $2.43/g (U.S.: $2.75/g)
  • 2014: $3.40/g (U.S.: $3.66/g)
  • 2013: $3.28/g (U.S.: $3.65/g)
  • 2012: $3.38/g (U.S.: $3.68/g)
  • 2011: $3.63/g (U.S.: $3.82/g)