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AAA: Gas prices drop three cents in Georgia

By AccessWDUN Staff
Posted 5:36AM on Monday 8th May 2017 ( 7 years ago )

Georgia gas prices averaged $2.23 on Sunday, the lowest in more than a month. Pump prices dropped 3 cents in the past week, and motorists should see prices drift even lower this week, according to AAA-The Auto Club Group. 

The state average has declined 22 of the past 23 days for a total discount of 7 cents. Georgia gas prices hit their highest average price of the year at $2.29 on April 14. 

"Gas prices are falling due to continued high production rates from U.S. refineries, moderate demand, and a recent drop in crude oil prices," said AAA spokesman Mark Jenkins. "If this trend holds, gasoline will be near or below year-ago levels by Memorial Day, and rival prices seen last summer."

Gas prices are almost as low as last year. On Sunday, the state average was only 3 cents more than this time a year ago. In February, the state average was up 56 cents compared to the year before.

Last year, the state average was $2.27 on Memorial Day, and $2.11 from June 1 - August 31, 2016. 

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