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Tuesday August 21st, 2018 10:23AM

Georgia gas prices highest since Irma, Harvey

By Alyson Shields Reporter

Georgians are seeing highest gas prices since hurricanes Irma and Harvey with prices at the pump reaching $2.66 statewide.
 
Nationally, prices are hitting $2.76, the highest daily average since July of 2015.
 
"High oil prices are the main reason gasoline is so expensive right now," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Crude oil costs about 25% more than last year, as what used to be a global glut of oil, is now tightening. Now the added expense for oil is making it more expensive to produce gasoline. On the gasoline side, demand is strong and inventories are down, as refineries wrap-up their maintenance season and begin pushing out summer-blend fuel, which is more expensive to produce. So there are currently a number of factors keeping upward pressure on gas prices.

"If they haven't already, gas prices should hit their annual peak within the next couple weeks," Jenkins continued. "However, unforeseen circumstances like escalating geopolitical tensions or a hurricane in the Gulf of Mexico would cause prices to surge. Unfortunately, oil prices could still remain elevated heading into the summer travel season. Which means, travelers will likely find the most expensive summer gas prices in four years."
 
The most expensive prices in Georgia are in Savannah and Brunswick at $2.69 and Atlanta at $2.68; least expesinve prices are in Warner Robins at $2.57 and Catoosa-Dade-Walker at $2.58.
 

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Georgia gas prices highest since Irma, Harvey
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