Gas Prices Fall

Published 08/04 2014 10:47PM

Updated 08/04 2014 11:48PM

ARKANSAS -- Average retail gasoline prices in the Natural State have fallen, but may not stay down for long.

On Monday, a gallon of gas in Arkansas was averaging around $3.26, according to GasBuddy's daily survey of almost 1,826 gas outlets in Arkansas. This compares with the national average of $3.49 per gallon.

The Natural State enjoyed an almost 17 cent decrease in gas prices compared to last month, put gas experts say it might not be a trend.

"Beginning the month with the lowest pump prices since 2010 is a nice way to start August, but it's unlikely that we'll see gasoline production from coast to coast running as high in August as we'd seen during July," said Senior Petroleum Analyst Gregg Laskoski.

"In recent years we've seen August refinery utilization slip a bit below July numbers and if that happens we may see prices increase especially in areas where consumers are flocking to enjoy the remainder of the summer driving season," he added. 

GasBuddy operates and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.

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