Gasoline prices climb back above $3 per gallon

Published 12:00 pm Monday, July 24, 2023

Gas prices in Mississippi have risen nearly six cents on average over the past week.

The average gasoline price was $3.04 per gallon Monday — a 5.7-cent rise per gallon — with the cheapest gas in Brookhaven at $3.05.

Data comes from GasBuddy’s survey of more than 2,000 stations statewide. Prices are 6.9 cents per gallon higher than one month ago, but still 82.2 cents lower than one year ago.

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The cheapest station in the state had gas for $2.77 per gallon Sunday, and the most expensive gas was $3.69 — a difference of 92 cents per gallon.

The national average of gas has risen 2.1 cents over the past week, averaging $3.55 Monday. The average is down 0.4 cents from one month ago and 78 cents lower than one year ago.

Historical prices per gallon in Mississippi and the national average going back 10 years on July 24:

2022: $3.86 (U.S. $4.33)

2021: $2.76 (U.S. $3.14)

2020: $1.82 (U.S. $2.18)

2019: $2.36 (U.S. $2.75)

2018: $2.54 (U.S. $2.84)

2017: $2.01 (U.S. $2.27)

2016: $1.93 (U.S. $2.15)

2015: $2.39 (U.S. $2.73)

2014: $3.33 (U.S. $3.54)

2013: $3.41 (U.S. $3.66)

“For another week, we saw little meaningful change in the national average, which has been stuck in the same 10 cent range we’re in today since April. It’s been a remarkably quiet summer for gas prices, which have been far less active than normal,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “However, with tremendous heat gripping much of the country, I remain concerned about the fuel that such high temperatures will provide for tropical systems that venture into the Atlantic and Caribbean. For now, I don’t expect much change in the toss up that has been gas prices for weeks on end. But, with gasoline demand now hitting its summer high, there remain some risks that could disturb gas prices in a significant way before summer’s end.”