Saturday February 16th, 2019 2:25AM

Gas prices up and expected to keep rising

By Alyson Shields Reporter

Gas prices in Georgia are up this week and prices could keep going up thanks to the geopolitical tensions in the Middle East.

Prices are sitting between $2.61 and $2.64, but AAA said in their weekly fuel price report that the conflict in Syria sent crude oil prices to their highest points in three years. 

Georgia's prices are about six cents higher from last week, according to both AAA and fuel tracking website GasBuddy.com.

"Motorists should expect a 15 cent increase at the pump in the short term," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "However, prices could rise even more, depending on how the crude market responds to the latest news of a U.S. missile strike over the weekend."

Crude prices rose more than $5 last week, which was the largest weekly increase in more than eight months. Crude is climbing due to the potential of U.S. sanctions against Syria's sponsors: Russia and Iran. Syria has not exported oil since civil war broke out in 2011. However, the country receives fuel deliveries from Iran. 

Crude oil closed at $67.39 per barrel on Friday, the highest daily settlement since December 2014. Wholesale gasoline prices responded in kind, rising nearly 15 cents. 

The highest average was in Atlanta, at $2.67 a gallon. AAA and GasBuddy also agreed Augusta had the lowest price, ranging from $2.54 to $2.49.

© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
7 inmates dead, 17 injured in South Carolina prison fighting
South Carolina prisons spokesman: 7 inmates dead, 17others injured amid fights at maximum security prison.
7:01AM ( 17 minutes ago )
Gas prices up and expected to keep rising
Gas prices in Georgia are up this week and prices could keep going up thanks to the geopolitical tensions in the Middle East.
6:43AM ( 35 minutes ago )
Northeast Ga. Medical Center reaches milestone in robotic surgical procedures
Two Northeast Georgia Medical Center surgeons are part of a group of surgeons from across the nation with a unique commitment to improving the quality of care for patients who undergo hernia surgery.
6:00AM ( 1 hour ago )
Local/State News
Gas prices nationally hit highest point, Georgia prices down slightly
Gas prices nationally hit the highest price point for the year Saturday, at $2.66 per gallon. Georgia is not far behind with a statewide average of $2.57, however Georgia prices are down a fraction of a penny.
6:19AM ( 1 week ago )
Georgia gas prices rise to $2.50 a gallon
Gas prices are back on the upswing, with prices at the highest since last October.
7:59AM ( 2 weeks ago )
Gas prices decline in the state as oil prices remain volatile
Prices are down again this week, with prices declining up to three cents in the past week in Georgia.
7:45AM ( 1 month ago )
'Volatile' spring gas prices mean increases at a the pump
Gas prices are going up, with prices ranging from two and a half to six cents higher than a week ago.
8:18AM ( 1 month ago )
AAA: Gas prices down, but not for long
Gas prices continue to decline, however AAA predicts that trend will come to an end as refineries enter the seasonal maintenance period.
8:12AM ( 1 month ago )