Georgia gas prices dip 8 cents

1:16 PM, Sep 24, 2012   |    comments
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ATLANTA -- Georgia drivers got an 8-cent break at the gas pumps in the past week, and more significant drops could be on the way, AAA Auto Club South reported.

The average price per gallon of gasoline in Georgia is now $3.69, compared with $3.77 a week ago, $3.67 a month ago and $3.39 a year ago.

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The national average price per gallon is $3.81 -- down 5 cents from last week.

While inclement weather, the Federal Reserve's stimulus plan, and continued violence overseas has kept upward pressure on both oil and gas prices, last week's report on fuel demand reversed trends, AAA noted.

"Whether or not this downward trend will continue is uncertain, what is certain is that we are going to see more volatility in oil prices," said Jessica Brady, AAA spokeswoman, in a statement. "Gas prices made more significant losses than recently seen with states averages in the Southeast falling 5 cents or more from last week."

(Atlanta Business Chronicle)

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