Prices at the pump make another climb
Published 10:10 am Tuesday, June 20, 2023
The average gasoline price in Mississippi has risen 4.2 cents per gallon over the past week, averaging $2.99 Tuesday.
According to GasBuddy’s survey of more than 2,000 stations in Mississippi, prices are 5.2 cents higher per gallon than one month ago, though still 146.8 cents lower per gallon than one year ago.
The cheapest station in Mississippi Monday was $2.67 and the most expensive was $3.69 — a difference of $1.02 per gallon.
The national average has fallen, however, dropping 1.4 cents per gallon over the past week to average $3.56 Tuesday. The national average is up 2.9 cents from one month ago, though 141.7 cents lower than one year ago.
Historical gas prices in the state and the national average going back 10 years:
2022: $4.46 (U.S. $4.97)
2021: $2.69 (U.S. $3.05)
2020: $1.76 (U.S. $2.12)
2019: $2.23 (U.S. $2.66)
2018: $2.54 (U.S. $2.87)
2017: $2.01 (U.S. $2.28)
2016: $2.05 (U.S. $2.33)
2015: $2.52 (U.S. $2.80)
2014: $3.44 (U.S. $3.68)
2013: $3.32 (U.S. $3.60)
“It has been a quiet week for the national average, with little overall movement in average gas prices nationally even as oil prices have been a bit unstable. Some states have seen minor increases while others have seen decreases, and the mixed bag is likely to continue for the time being with oil prices a bit all over the place,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While gasoline demand continues to inch up, we could see additional pressure on pump prices, while the price of diesel continues to see downward movement. While the uncertainty over the direction of the economy is a major player in preventing oil’s rise, inventories of oil and gasoline do remain tight, preventing much additional downward movement as well. We’ll have to see which of those factors emerges as a winner to predict when the next large movement in prices could be. We’re also seeing more tropical activity in the Atlantic that could pose challenges in the weeks ahead as hurricane season ramps up.”
GasBuddy data is accessible at http://prices.GasBuddy.com.