Gas drops again, but still almost 1$ higher than 2010 - WALB.com, Albany News, Weather, Sports

Gas drops again, but still almost 1$ higher than 2010

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 Average retail gasoline prices in Georgia have fallen by 4.0¢ per gallon in the past week, averaging $3.49/g Sunday.

This compares with the national average that decreased by 1.4¢ per gallon in the last week to $3.58/g, according to gasoline price website GeorgiaGasPrices.com.

Including the change in gas prices in Georgia during the past week, prices yesterday were 95.3¢ per gallon higher than the same day one year ago and are 23.1¢ per gallon lower than a month ago.

The national average has moved lower by 10.4¢ per gallon during the last month and stands 86.7 cents per gallon higher than this day one year ago. 

"Although crude oil ended another volatile week on the upswing, rising from $79 to settle just above $82 per barrel at Friday's close, overall demand for gasoline is not likely to increase any time soon and we should not be surprised to see crude oil slip to the mid 70s this week as the price at the pump edges lower too," says Gregg Laskoski, GasBuddy.com Senior Petroleum Analyst.

About GeorgiaGasPrices.com

GasBuddy.com operates over 200 live gasoline price-tracking websites, including GeorgiaGasPrices.com. GasBuddy.com was named one of Time magazine's 50 best websites and to PC World's 100 most useful websites of 2008.