AAA: GAS PRICES FALL TO LOWEST AVERAGE OF THE YEAR FOR SOME STATES
Good news for motorists – retail gas prices fell across the nation again last week. According to AAA, The Auto Club Group, this week’s average price for a gallon of regular gas is the lowest of the year.
The national average of $3.35 a gallon is at its lowest price since January 28th, when prices were on an upward trend. Both Georgia’s state average of $3.23 and Florida’s average of $3.31 reflect the lowest prices of the year. The previous low was $3.26 for Georgia and $3.36 for Florida on January 1st. Although Tennessee’s average of $3.18 is on the decrease, that state’s bottom price was $3.13 a gallon during the first week of 2013.
AAA Spokeswoman Jessica Brady states, “Weakened demand and the government shutdown continue to dampen the economic outlook and push oil prices lower. Gas prices would have dropped further had Tropical Storm Karen not caused oil platforms to make precautionary shutdowns in the Gulf. Now that Karen has passed, motorists will likely see pump prices drop further this week.”
A barrel of oil settled on Friday at $103.84 on the NYMEX, 97 cents more than the week prior.
The national average price of regular unleaded gasoline is $3.35, six cents less than last week. Georgia’s average of $3.23 dropped three cents from last week.
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