The statewide average price for a regular gallon of gasoline has surpassed four dollars for the first time since 2022 in Louisiana. AAA fuel analyst Don Redman says the statewide average is up to $4.02, a 22¢ increase, from a week ago. Redman says the reopening of the Strait of Hormuz in the Middle East is what needs to happen for gas prices to fall.
“Once that opens up, you’ll start seeing those prices falling. Now again, you’ll see the prices for crude falling much quicker than for gasoline, because it’s going to take a while to work out through the system,” Redman explained.
Redman says when gas prices go above $4 a gallon, many families are forced to curtail their spending.
“If these prices, sustained high prices, move into the summer and beyond, it will definitely have a big impact on the overall economy,” Redman noted.
Motorists who drive vehicles that require premium gasoline are paying$4.85 a gallon of regular gasoline. Redman urges those drivers: Do not use regular or mid-grade gas instead.
“If it calls for premium, you can’t cheat by trying to put regular. You’re going to end up doing more expensive damage to the engine,” Redman warned.