Average gasoline prices in Mississippi have fallen 5.1 cents per gallon over the previous week, averaging $3.25 Monday.

Prices statewide are 20.7 cents higher than one month ago and 21 cents higher than one year ago, according to GasBuddy’s survey of 2,014 stations in the state.

The cheapest station in Mississippi Sunday was $2.88 and the most expensive was $3.97, a difference of $1.09 per gallon.

As of 11 a.m. Monday, the national average was $3.76.1 per gallon, down 1.2 from the previous day and 11.7 cents from one week ago. Prices are up 8.9 cents from last month’s average and 39.9 cents up from last year’s average.

In Brookhaven Monday, prices reported ranged from $3.19 down to $3.05 per gallon. Lincoln County had one of the lowest averages across Mississippi Monday, at $3.13 per gallon.

Historically, gas prices in Mississippi on Oct. 24 have not been this high since 2012, when the state average was $3.41, and the national average was $3.62. Prices were above $3 per gallon in 2021 ($3.04) and in 2013 ($3.12), and ranged $2.05 to $2.82 per gallon most of the years since, falling below $2 twice — $1.92 per gallon in 2015, and $1.81 per gallon in 2020.

“Average gas prices have declined for the second straight week with significant declines in the West and Great Lakes having an oversized effect on the drop in the national average,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With oil prices struggling a bit after reaching $93 after OPEC+’s decision to cut production, many regions could see falling gas prices again this week as demand continues to decline seasonally, especially if more data points to a significant economic slowdown. While gasoline prices have seen a large drop, diesel prices have been somewhat mixed, with prices heading higher in the Northeast as inventories drop to extremely tight levels ahead of the heating oil season. Motorists are reminded that the decline in gasoline prices is seasonal and should continue into the fall, and is unrelated to the coming election. Seasonality is king in driving prices, not the desires or hopes of politicians.”
GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, and is accessible at http://prices.GasBuddy.com.