Higher Supply Causes Arkansas Gas Prices to Drop 54 Cents in One Month

SEPTEMBER 27, 2006 - Posted at 7:46 a.m. CDT

LITTLE ROCK, AR - The price of gasoline has dropped more than 50 cents in Arkansas in the last month.  A spokesman for the AAA says that with the summer travel season over, consumers can expect to see prices dip even lower.

The price of self-serve unleaded gasoline is, on average today, $2.23 per gallon.  That's a drop of 54 cents in the last month.  The AAA says the cheapest gas recorded was in Fort Smith at $2.11, with the most expensive at Pine Bluff, which was charging $2.28 per gallon.

Gas prices in Jonesboro this morning range from $2.06 to $2.10 per gallon.

Nationwide, gas prices have also dropped 50 cents in the last month.

(The Associated Press contributed to this report.)