Gas prices in Baton Rouge dip 8 cents on the week; expected to drop further

The average price of a gallon of unleaded regular gas has decreased 8 cents in Baton Rouge over the past week, according to AAA Daily Fuel Gauge Report. As of this morning, gas is selling for $3.48 a gallon in the city, down from $3.56 a week ago. One month ago, gas was selling locally for $3.62 on average. But while $3.48 a gallon might look good compared to a week or month ago, it’s still 16 cents higher than the $3.32 per-gallon-average of one year ago. Baton Rouge prices today remain below the state average of $3.50 per gallon and the national average of $3.66. However, all those averages could see significant decreases in coming weeks. USA Today is reporting this morning that average gas prices across the country could fall by as much as 50 cents a gallon in the near future due to rising inventory and lower demand. “Most of the country is heading appreciably lower the next few weeks,” says Tom Kloza, of the Oil Price Information Service, who predicts retail prices will sink 5 cents to 15 cents a gallon over each of the next three weeks. Check out the full story here.