Gas: Less than $3 in Brookhaven, close statewide

Published 11:30 am Monday, May 1, 2023

Gasoline prices were at $2.99 per gallon at some stations in Brookhaven Sunday, below the state average of $3.05.

Average prices have fallen in Mississippi 5.6 cents per gallon in the past week, according to GasBuddy’s survey of more than 2,000 stations. The average is 4.8 cents higher per gallon than one month ago, but 73.1 cents lower per gallon than one year ago.

The cheapest station in the state was $2.69 Sunday, according to GasBuddy reports, and the most expensive was $3.59 — a difference of 90 cents per gallon.

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The national average has fallen 6.3 cents per gallon over the past week, averaging $3.58 Monday. The average is up 8.2 cents from one month ago, though 59.6 cents lower than one year ago.

Gas prices in Mississippi and the national average going back 10 years on May 1:

2022: $3.78 (U.S.: $4.17)

2021: $2.54 (U.S.: $2.89)

2020: $1.47 (U.S.: $1.77)

2019: $2.52 (U.S.: $2.89)

2018: $2.53 (U.S.: $2.81)

2017: $2.13 (U.S.: $2.37)

2016: $1.99 (U.S.: $2.22)

2015: $2.38 (U.S.: $2.60)

2014: $3.47 (U.S.: $3.69)

2013: $3.27 (U.S.: $3.53)

“After declining the prior week at a slow pace, the drop in the national average has gained momentum. Oil prices have come under additional selling pressure alongside wholesale gasoline prices, giving retailers room to pass on the lower prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Diesel prices have followed, falling to their lowest in over 13 months as demand remains weak due to concerns over the economy. With refinery maintenance wrapping up, we should see supplies start to build in the weeks ahead, just in time for the summer driving season, potentially putting more downward pressure on prices. However, while a majority of states saw gas prices drop, some, particularly in the Northeast, have yet to join in thanks to being the last to make the switch to summer gasoline — but relief will be on the way soon in areas that have resisted the fall thus far.”
GasBuddy data is accessible at http://prices.GasBuddy.com.