Georgia, GA, April 24- Average retail gasoline prices in Georgia have fallen 0.8 cents per gallon in the past week, averaging $2.27/g yesterday, according to GasBuddy's daily survey of 5,883 gas outlets in Georgia. This compares with the national average that has increased 1 cent per gallon in the last week to $2.42/g, according to gasoline price website GasBuddy.com
Including the change in gas prices in Georgia during the past week, prices yesterday were 19.0 cents per gallon higher than the same day one year ago and are 12.0 cents per gallon higher than a month ago. The national average has increased 13.0 cents per gallon during the last month and stands 28.0 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on April 24 in Georgia have ranged widely over the last five years:
$2.08/g in 2016, $2.38/g in 2015, $3.65/g in 2014, $3.36/g in 2013 and $3.73/g in 2012.
Areas near Georgia and their current gas price climate:
Augusta- $2.19/g, flat from last week's $2.19/g.
Macon- $2.24/g, flat from last week's $2.24/g.
Atlanta- $2.28/g, down 1.2 cents per gallon from last week's $2.30/g.
"Gasoline prices saw another weekly lift, yet have begun to slow their ascent in recent days," said Patrick DeHaan, senior petroleum analyst forGasBuddy.com
. "Since mid-February, average gasoline prices have risen 17 cents- a far cry from the 41 cent gain during the same time a year ago. While the annual spring spike remains subdued, prices do remain 28 cents higher than a year ago, though the gap has narrowed."
"Overall, I would be surprised if we see the national average rise substantially more since the deadline for refiners to switch over to summer gasoline is nearly here. In addition, U.S. oil production numbers are up, keeping pressure on oil prices, while gasoline inventories remain very healthy. While we may see the national average rise to the low side of our previous predictions of $2.51-$2.83/gal for May, we're unlikely to see anything higher, which is certainly good news for motorists," DeHaan added.
GasBuddy's previous 2017 gasoline price forecast (released January, 2017):http://fuelinsights.gasbuddy.com/Content/docs/2017fueloutlook.pdf
For LIVE fuel price averages, visithttp://FuelInsights.GasBuddy.com