How gas prices have changed in Monroe in the last week
Gas prices have gone up by 13 cents per gallon since this time last month but are still down by nearly 40 cents compared to this time last year. The national average fuel price is about $3.22, with Lubbock, Texas, seeing the cheapest metro-area prices at $2.63 and Napa, California, with the most expensive at $5.29.
After issuing multiple pauses on tariffs against Canadian and Mexican imports since taking office, President Trump last week announced a sweeping 10% baseline tariff on all imports to the U.S., with many countries facing even steeper duties, though oil and gas imports are exempted from new tariffs. On April 9, the White House announced a three-month pause on all "reciprocal" tariffs (except against China), but the baseline 10% tariffs will remain in place.
Jolted by the impact of the tariff announcement, the stock market plummeted on April 3, with U.S. oil prices dropping 7%. The double-whammy of lower prices and higher costs for crucial materials like steel pipes may have a major impact on domestic oil and gas production. Meanwhile, the Organization of the Petroleum Exporting Countries announced last week that it would increase production to help stabilize the market.
Expecting market volatility, GasBuddy analyst Patrick De Haan projects the upcoming switch to summer-blend fuel at gas stations will likely translate to higher prices at the pump.
"As we head into April, Americans should expect gas prices to rise, with a peak that could occur in mid-to-late April," De Haan said in a recent statement. "While average prices remain well below last year's levels, we'll likely begin to catch up, with prices expected to increase in most—if not all—states over the next few weeks."
Stacker compiled statistics on gas prices in Monroe, LA metro area using data from AAA. Gas prices are current as of April 10.
Monroe by the numbers
- Gas current price: $2.69
--- Louisiana average: $2.81
- Week change: -$0.07 (-2.6%)
- Year change: -$0.37 (-12.0%)
- Historical expensive gas price: $4.45 (6/15/22)
- Diesel current price: $3.22
- Week change: -$0.04 (-1.4%)
- Year change: -$0.42 (-11.6%)
- Historical expensive diesel price: $5.39 (6/20/22)
Metros with the most expensive gas
#1. Napa, CA: $5.29
#2. Santa Rosa, CA: $5.24
#3. San Rafael, CA: $5.20
Metros with the least expensive gas
#1. Lubbock, TX: $2.63
#2. Laredo, TX: $2.64
#3. Cleveland, TN: $2.65
This story features writing by Tim Bruns and is part of a series utilizing data automation across 371 metros.
