New Orleans’ gas prices jumped nearly 54 cents per gallon in last week, survey shows

By WBOK Staff

Monday, March 7, 2022

NEW ORLEANS (WVUE) - The average price for a gallon of gasoline in New Orleans shot up nearly 54 cents over the past week to $3.88, according to a price survey released Monday (March 7) by fuel-monitoring website

The survey of 415 gas stations in the city found a weekly increase of 53.7 cents per gallon, in the first major jump since Russia’s military invasion of Ukraine on Feb. 24 unsettled the global petroleum markets.

The New Orleans price spike last week exceeded the national average in the United States, where prices climbed an average of 46.5 cents to $4.06 per gallon. Gas prices across Louisiana rose 51 cents to $3.86 per gallon.

Patrick De Haan, the head of petroleum analysis for GasBuddy, warned that oil prices have jumped to their highest mark since 2008, and that this is only the beginning of soaring fuel costs for American motorists.

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