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Saturday February 16th, 2019 10:43AM

AAA: Weekly prices drop 2-cents, January prices lower than last year

By AccessWDUN Staff

Georgia motorists saw gas prices slip two-cents during the past week. Drivers in Georgia are finding an average price of $2.14 per gallon this week, according to this week's fuel price report from AAA-The Auto Club Group. Although that's seven-cents more than a month ago, Sunday's state average remains 35-cents per gallon less than this time last year. 

Georgia drivers enjoyed the cheapest January at the pump in three years. Last month, Georgia gas prices averaged $2.10 per gallon. That's 32-cents per gallon less than January 2018, and 13-cents per gallon less than January 2017. 

Click here to view AAA's state and metro gas price averages

  • Most expensive gas price averages: Atlanta ($2.18), Hinesville-Fort Stewart ($2.18), Savannah ($2.16)
  • Least expensive gas price averages: Catoosa-Dade-Walker ($2.02), Warner Robins ($2.05), Augusta-Aiken ($2.07)
  • Hall County's average price as of Sunday, Feb. 3 is ($2.12)

"Motorists have benefited from strong global crude oil supplies, which have kept gas prices low so far this year," said AAA spokesman Mark Jenkins. "Last month, oil prices averaged about $10 less than in January 2018. However, oil prices are beginning to rise, as OPEC cuts and sanctions against Venezuela weigh on the market. These factors, in addition to rising demand, refinery maintenance season and the switch to summer-blend gasoline will eventually boost prices at the pump in the coming months. AAA still expects the national average to peak around $2.75 per gallon sometime before Memorial Day weekend."

The price of crude settled at $55.26 per barrel on the NYMEX last Friday. The daily settlement was nearly $2/b more than the week before. 

  • Associated Categories: Business News, Local/State News, Submitted News
  • Associated Tags: weekly fuel price report , January gas prices, AAA
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