rain
Wednesday May 27th, 2015 4:01AM

Gas prices inch upward

By Staff
TAMPA, Fla. - Gas prices were steadily moving on a downward path recently, but tensions with Syria caused oil prices to jump and in turn pushed gas prices up a few cents last week. Overall, though, they still remained about 20 to 25 cents less than last year's averages for the Labor Day weekend.

The national average price of regular unleaded gasoline is $3.59, five cents more than last week. Florida's average of $3.56 increased six cents from last week, while Georgia's average of $3.52 rose six cents from last week. Tennessee's average of $3.39 also increased six cents from last week.

Last year, motorists paid an average of $3.83 nationwide for a gallon of regular gasoline throughout the Labor Day holiday. This year, a gallon of gas averaged $3.59 during the holiday weekend. Although concerns about the U.S. performing airstrikes against Syria caused oil prices to reach upwards of $112 a barrel last week, prices soon decreased after a lack of global support for attacks on the country.

"Since U.S. threats against Syria have eased and there are no major storms on the horizon, motorists should start to see gas prices retreat," said Jessica Brady, AAA spokeswoman, The Auto Club Group. "Now begins the U.S. refinery switch from the summer to winter blend fuel, which typically means lower gas prices are on the way."

The cost for a barrel of oil closed last Friday at $107.65 on the NYMEX - $1.23 more than the week prior.

Visit AAA's Daily Fuel Gauge Report to find national, state, and local metro market retail gasoline prices.
© Copyright 2015 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
S&P 500 index has its best year since 1997
The stock market closed out a record year with more all-time highs on Tuesday, giving U.S. indexes their biggest annual gains in almost two decades.
6:56PM ( 1 year ago )
Colorado readies for 'Green Wednesday' pot sales
Police were adding extra patrols around pot shops in eight Colorado towns that plan to allow recreational sales to anyone over 21 on Jan. 1.
1:52PM ( 1 year ago )
Kerry seeks framework for Mideast peace talks
A senior State Department official says Secretary of State John Kerry will try this week to get Israel and the Palestinians to agree on a framework for negotiating a final peace agreement, yet cautions against raising expectations for Kerry's latest round of shuttle diplomacy.
1:35PM ( 1 year ago )
U.S. News
Missing Ga. bank director arrested in Brunswick
A bank director accused of losing millions of investors' dollars before vanishing last year was arrested Tuesday during a traffic stop in a city in south Georgia.
7:00PM ( 1 year ago )
Amtrak to suspend some Crescent service in Jan., Feb.
Amtrak service will shut down in parts of the Southeast for several days in January and February for rail maintenance by Norfolk Southern Railway.
9:00AM ( 1 year ago )
Lung cancer scans urged for some smokers, not all
Certain current or former heavy smokers should start getting yearly scans for lung cancer to cut their risk of death from the nation's top cancer killer, government advisers said Monday - even as they stressed that the tests aren't for everyone.
7:26AM ( 1 year ago )
Business News
Sex offender held in Hall County for failing to register
A 47-year-old man was booked into the Hall County Jail Tuesday, being held without bond for allegedly failing to register as a sex offender, his second such arrest.
6:09PM ( 1 year ago )
Pharmacy robberies may involve same suspect
Oakwood Police Tuesday afternoon released details in a pharmacy robbery they're investigating, similar to one that happened in the Hall County Tuesday morning.
5:46PM ( 1 year ago )
Victim critical following apartment fire
A 41-year-old woman was in critical but stable condition Tuesday after being rescued from an apartment fire in Forsyth County late Monday afternoon.
3:16PM ( 1 year ago )
Local/State News
Baseball: GHS-Greenbrier title game postponed til noon Wednesday
The deciding Game 3 of the Gainesville-Greenbrier Class AAAAA championship series has been postponed due to repeated inclement weather...
11:34PM ( 19 hours from now )
Van crashes into Lawrenceville daycare
Lawrenceville police are investigating after a vehicle left the roadway and crashed into the side of a daycare center Tuesday afternoon.
10:21PM ( 5 hours ago )
Suwanee City Council approves $11K for Town Center lighting improvements
New lights are on the way to the streetlamps in the Suwanee Town Center following a contract approval Tuesday night by the city council.
7:08PM ( 8 hours ago )
Bat survey, other environmental studies add to price tag for Glades Reservoir project
The price tag for the Glades Reservoir project in north Hall County keeps getting bigger, and the county is still a year away from getting a permit for the project.
5:45PM ( 10 hours ago )
Storms moving through North Georgia, weaken throughout the week
A storm system moving through North Georgia is the same one that caused serious damage in Texas and Oklahoma.
5:18PM ( 10 hours ago )