New Orleans, LA - Drivers in the New Orleans area are continuing to see lower gasoline prices. According to GasBuddy.com, the average prices is hovering around $3 a gallon. That's down 6 cents per gallon from a week earlier. The average price is now around $3.02 a gallon.
Prices are down nearly 6 cents a gallon nationwide as well, but are significantly higher than prices here in New Orleans. GasBuddy.com says average prices nationwide are $3.30 a gallon.
The latest numbers are much lower than this same time a year ago. Including the change in gas prices in New Orleans during the past week, prices are 38.6 cents per gallon lower than the same time in 2012. When compared to just a month ago, prices are 16.8 cents per gallon lower. The national average has decreased 13.3 cents per gallon during the last month and stands 26.4 cents per gallon lower than this day one year ago.
"Last week saw new downward momentum in crude prices- after staying above $100 a barrel for 111 days since early July, crude prices fell below $100 and just days ago closed as low as $96 a barrel," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.