AAA:  GAS PRICES ARE LOWER THAN A WEEK AGO

Written by Elizabeth Davis. Posted in News & Weather

The price at the pump is cheaper than this time last week, according to AAA, The Auto Club Group, which reports that gas prices in Georgia declined by three cents last week.  Sunday’s state average of $2.40 is six cents less than a month ago but 21 cents more than this time last year.

AAA spokesman Mark Jenkins says, “Gasoline should slide a few cents more this week, based on last week’s decline in wholesale prices. 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 so far 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.

Trackback from your site.

Leave a comment