Mississippi gas prices up 17.9 cents in one week
Published 9:10 am Monday, January 23, 2023
Average gas prices in Mississippi have risen 17.9 cents per gallon over the past week. Sunday’s average price was $3.03, according to GasBuddy’s survey of more than 2,000 stations across the state.
Prices in Mississippi are 36.7 cents per gallon higher than one month ago, and 9 cents higher than one year ago. The cheapest station in the state Sunday was $2.63 while the most expensive was $3.43, a difference of 80 cents per gallon.
Prices in Brookhaven Sunday ranged from $2.78 to $3.09 per gallon.
The national average price of gas has risen 11.3 cents per gallon over the past week, averaging $3.39 Sunday. This is up 30.2 cents from one month ago and 7.3 cents higher than January 23, 2021, according to data compiled from more than 11 million weekly price reports from more than 150,000 gas stations nationwide.
Historical gas prices in Mississippi going back 10 years, and the national average:
- 23, 2022 — $2.94/gallon (U.S. $3.32)
- 23, 2021 — $2.07 (U.S. $2.39)
- 23, 2020 — $2.22 (U.S. $2.54)
- 23, 2019 — $1.98 (U.S. $2.29)
- 23, 2018 — $2.31 (U.S. $2.55)
- 23, 2017 — $2.09 (U.S. $2.30)
- 23, 2016 — $1.64 (U.S. $1.83)
- 23, 2015 — $1.88 (U.S. $2.03)
- 23, 2014 — $3.08 (U.S. $3.28)
- 23, 2013 — $3.18 (U.S. $3.31)
Gas in Jackson averaged $3.03 per gallon, up 19.7 cents from one week earlier. Statewide in Louisiana, gas averaged $3.07 per gallon, up 18.6 cents from one week prior.
“Gasoline prices continued their upward trajectory last week as oil prices pulled them higher across the majority of the country, and continued refinery challenges kept supply of gasoline from rising more substantially,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Macroeconomic factors have continued to weigh on oil and refined products, as strong demand in China hasn’t been slowed much by a surge in new Covid cases. In addition, releases of crude oil from the Strategic Petroleum Reserve have wrapped up. Concerns are increasing that without additional oil, supply will tighten in the weeks ahead, especially as the nation starts to move away from softer demand in the height of winter. Moving forward, it doesn’t look good for motorists, with prices likely to continue accelerating.”
GasBuddy is the only source for station-level data. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://prices.GasBuddy.com.