B.R. gas prices lower 3 cents on the week

The average price of a gallon of regular, unleaded gas fell 3 cents on the week in Baton Rouge, hitting $3.51 as of this morning, according to the AAA Daily Fuel Gauge report. That makes it three straight weeks in which gas prices posted a decline in the city. One month ago, gas was selling for 3 cents higher than it is today. A year ago, gas was 15 cents higher, at $3.66. The Louisiana average price is $3.53 as of this morning—also three cents lower than one week ago, and 13 cents lower compared to a year ago. Local and state averages remain well below the national average of $3.68 per gallon. National prices have fallen one penny on the week and are the same as they were one month ago. A year ago, the U.S. average was $3.83 per gallon. Complete details can be found in the AAA Daily Fuel Gauge report here. Meanwhile, a recent report in The New York Times says an ethanol surplus nationwide is threatening to push prices up at the pump—and may be responsible for widening the cost gap between regular and premium gasoline. You can find that story here.