Gas price drops slow but continue to fall

Sept. 20, 2024 – Checking gas prices from DeSoto County and around the state and nation, the American Automobile Association (AAA) said this week the national average for a gallon of gas dipped a mere two cents since last week to $3.22. 

AAA reported that gas prices had been falling by more than twice as much recently, but the arrival of Hurricane Francine to the Gulf Coast created some temporary issues for nearby oil production and refining. The national average cost for public EV charging, however, held steady.

“Gasoline prices have been plunging lately and it is not uncommon to see them take a bit of a breather during hurricane season,” said Andrew Gross, AAA spokesperson. “Gasoline demand and oil costs are low, so pump prices may soon resume a slow descent. There are 14 states with averages below $3 a gallon, and several more may soon follow.”

In DeSoto County, the average regular unleaded gas price, according to AAA, was $2.634, among the lowest county averages in the state. The state average price was $2.715, four cents cheaper than one week ago and about 23 cents less than one month ago, when the average was $2.947.  One year ago, Mississippi drivers were paying an average of $3.296 a gallon.  

The gas reporting website Gasbuddy.com reported Friday that the lowest prices in DeSoto County ranged from $2.36 a gallon at the Southaven Sam’s Club to $2.39 a gallon at four separations from Horn Lake to Olive Branch.

Updated gas prices and averages are linked each day on the Morning View newsletter from DeSoto County News.