Motorists visiting the gas pump today will find prices that are cheaper than a week ago. Georgia gas prices declined 3 cents last week.
The state average of $2.40 is 6 cents less than a month ago, but 21 cents more than this time last year.
“Gasoline should slide a few cents more this week, based on last week’s decline in wholesale prices,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Pump prices are sliding right now because crude and gasoline output have remained strong. However, gas prices are still forecast to rise 20 cents in the coming months, as demand climbs and refineries switch to summer-blend gasoline.”
- Gasoline has averaged the highest price for the month of March in four years
- On average, motorists are paying $3 more for a full tank compared to this time last year
- Crude oil is $14 per barrel more than last year; preventing a plunge at the pump