The average retail price for a gallon of gasoline in Arkansas increased 2.6 cents in the past week to $3.17 per gallon. The national average remained unchanged at $3.43 per gallon.

Prices in Arkansas are 15.8 cents lower than one month ago and 1.8 cents higher than a year ago. Nationally, prices are 14.1 cents lower than one month ago and 11.0 cents higher than a year ago.

Thanksgiving Day 2012 featured the highest ever daily average for the holiday, beating out last year by over 10 cents per gallon. Analysts say the national average may continue to moderate slightly by Christmas, but there should be no significant increases or decreases in gasoline prices in the short term at this point. Currently, there are both upward and downward pressures on petroleum prices. While this will cause some fluctuation in prices, there likely will not be much change between now and Christmas.

Local & Regional Prices

Magnolia    $3.25

Springhill, La.    $3.19

Camden    $3.16

El Dorado    $3.24

Hope    $3.07

Texarkana    $3.00

Shreveport-Bossier City    $3.03

Malvern    $3.10

Hot Springs    $3.01

Little Rock    $2.97

Jackson, Miss.    $3.02

Fayetteville    $3.14

Dallas-Ft. Worth    $2.93

Memphis, Tenn.    $2.96

Jonesboro    $3.14

Published: 11/30/2012