UNDATED - Two dollars a gallon for regular unleaded has arrived in northeast Georgia as gasoline prices continue to climb.
Over the weekend, retailers at the intersection of Georgia Highway 400 and Georgia Highway 53 in Dawson County were observed selling the lowest octane they offer at $2.03 a gallon.
Prices have been steadily increasing for several months with prices well above two dollars for the cheapest grade in many parts of the country.
In Hall County, $1.95 seems to be the going rate right now.
Gas prices have jumped 14 cents in the past two weeks and one analyst says they show no signs of slowing down.
According to the Lundberg Survey of 8,000 gas stations across the country, the weighted national average for all grades was $2.10 per gallon on Friday.
Analyst Trilby Lundberg says the price spike resulted from increased demand and costlier gas formulas mandated by seasonal environmental regulations.
Lundberg predicts the global oil supply will increase because high prices are ``irresistible'' for oil-producing nations.
The national weighted average price of gasoline at self-serve pumps on Friday, including taxes, was about $2.07 for self-service regular; $2.17 for mid-grade, and $2.26 for premium.
(The Associated Press contributed to this story.)
Friday
January 10th, 2025
11:25AM
