Gas analysts: Enjoy lower prices while they last

Gas analysts: Enjoy lower prices while they last

JONESBORO, AR (KAIT) - Arkansas drivers have much to celebrate this holiday season.

Gas prices in the Natural State fell 12 cents per gallon in the past week, according to GasBuddy.com.

The average price is $2.11 per gallon. Some places throughout the state report prices less than $2.

The cost of a gallon of gas in Arkansas is much cheaper than the national average of $2.43, which fell 10 cents during the same time period.

Prices should go lower in the coming days, according to Patrick DeHaan, head of petroleum analysis for GasBuddy.

However, he warns with OPEC considering cutting oil production, prices could quickly jump higher.

“In addition, the promise of a trade deal with China may boost confidence in the economy, pushing global oil demand back up and driving prices higher,” DeHaan said. “Motorists are encouraged to continue shopping around to find the best deals at the pump and prices under $2 per gallon while they last.”

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