Gas Prices Stabilze Just Under $3

The price of gasoline in Louisiana has stabilized just shy of $3 a gallon, and in some cases has retreated from its January high.

The price of gasoline in Louisiana appears to have stabilized--just shy of an earlier predicted $3-a-gallon. Louisiana AAA fuel analyst Don Redman says it's all tied to a slight drop in the price of crude oil. Redman says we can expect the current price to stick around for a few more weeks, thanks to moderating demand for oil and gasoline. Redman feels the price of gas will begin to rise again, once the weather starts to warm up we get into spring.