Gas prices trending down for summer

Published 11:41 am Wednesday, June 12, 2024

As June begins, so does the vacation season for many.

Whether you’re driving to the beach or across the country, gas prices interest everyone.

Both the national average and the state average for Mississippihave decreased in the past week. As of June 3, 2024, the national average gas price has fallen 5.8 cents per gallon, bringing the average to $3.50/gallon. This average is down 15.9 cents per gallon from a month ago and is 1.9 cents lower than the average at this time in 2023.

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For Mississippi, the statewide average is down 2.5 cents per gallon from last week, averaging $2.96/gallon. Prices are 12.4 cents per gallon lower than a month ago but 2.7 cents higher than a year ago.

The most expensive gas station in the state is $3.49 for regular unleaded, compared to the cheapest being $2.64/g,
a difference of 85 cents. For reference, the Mississippi averages for five and 10 years ago are $2.37/g and $3.39/g, respectively.

Comparatively, the national averages for 2019 and 2014 are $2.80/g and $3.67/gallon, respectively.

In Oxford, the cheapest place to get gas is Murphy USA #7566 located at 2528 Jackson Ave. Regular unleaded gas there goes for $2.96.

The most expensive gas stations in Oxford are:

  • Chevron (502 S Lamar Blvd, $3.49)
  • Lindseys (321 N Lamar Blvd, $3.49)
  • Market Place (701 Sisk Ave, $3.49)

For more information on gas prices in Mississippi and abroad, more data is available at prices.GasBuddy.com.