Orleans News

Nationwide gasoline costs averaged decrease in 2024 than 2023. See how New Orleans fared


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The U.S. retail worth for normal grade gasoline averaged $3.30 per gallon in 2024, 21 cents lower than in 2023, in accordance with knowledge launched right this moment by the US Power Info Administration. How did Louisiana’s and New Orleans’ gasoline costs fare in 2024, in comparison with 2023? Precisely the identical.

Louisiana’s common was $2.73 per gallon in 2024, the identical worth as in 2023, in accordance with AAA Gasoline Costs, a web site up to date day by day by Oil Worth Info Service (OPIS), with common nationwide, state and native costs for gasoline, diesel, and E-85. Within the New Orleans metro space, the common retail worth for normal grade gasoline in 2024 was $2.72 per gallon, practically the identical to the $2.74 per gallon common in 2023.

The EIA studies that decrease world crude oil costs and narrower refinery margins in 2024 than in 2023 each contributed to the lower in retail gasoline costs. Additionally, weaker gasoline demand through the summer season of 2024 than in 2023 helped to construct inventories all through a lot of the U.S., furthering reducing costs. U.S. gasoline retail costs decreased for the second consecutive 12 months in 2024. Gasoline costs and costs for crude oil and different petroleum merchandise had elevated in 2022, when U.S. gasoline costs have been at their highest since 2014, after adjusting for inflation.

Decrease gasoline costs are additionally trending in early 2025. At present’s AAA nationwide common retail worth for normal grade gasoline is $3.06 per gallon, whereas Louisiana checks in at 33 cents per gallon decrease at $2.73 per gallon. New Orleans is at $2.76 per gallon for normal grade gasoline.

The highest 10 most cost-effective gasoline stations within the New Orleans metro space for normal grade gasoline, as of right this moment, are:

  • Meraux Fast Cease, 3112 E. St. Bernard Hwy., Meraux, $2.38 per gallon
  • Sam’s Membership, 1527 Manhattan Blvd., Harvey, $2.39 per gallon
  • Sam’s Membership, 3900 Airline Dr., Metairie, $2.42 per gallon
  • Costco, 3900 Dublin St., New Orleans, $2.43 per gallon
  • QC Pitlane, 3225 E. Decide Perez Dr., Meraux, $2.44 per gallon
  • Low cost-N-Out, 6050 Chef Menteur Hwy., New Orleans, $2.45 per gallon
  • Airline Low cost, 3451 Airline Dr., Metairie, $2.47 per gallon
  • Downman Heart, 7200 Downman Rd., New Orleans, $2.49 per gallon
  • Louisa Xpress, 4301 Louisa Dr., New Orleans, $2.49 per gallon
  • Gas Zone, 4500 Chef Menteur Hwy., New Orleans, $2.49 per gallon
  • Valero, 3738 Airline Dr., Metairie, $2.49 per gallon

 

Supply: https://www.gasbuddy.com/gasprices/louisiana/new-orleans.

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