Albany gas is cheap; GA is higher - WALB.com, South Georgia News, Weather, Sports

Albany gas is cheap; GA is higher

ALBANY, GA (WALB) -

Gas can be had for less that $2.00 a gallon in Albany, but the state of Georgia is not in the bottom ten when it comes to cheap gas statewide.

The cheapest gas statewide is in South Carolina, with Mississippi and Alabama in a tie for second. 

Average retail gasoline prices in Georgia have fallen 8.5 cents per gallon in the past week, averaging $2.30 per gallon yesterday, according to GasBuddy's daily survey of 5,883 gas outlets in Georgia. This compares with the national average that has fallen 12.8 cents per gallon in the last week to $2.47 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Georgia during the past week, prices yesterday were 102.5 cents per gallon lower than the same day one year ago and are 21.4 cents per gallon lower than a month ago. The national average has decreased 19.5 cents per gallon during the last month and stands 96.4 cents per gallon lower than this day one year ago.

CLICK HERE to check and report area gas prices

"Nationally, gas prices saw their largest weekly drop of the year," said Patrick DeHaan, GasBuddy senior petroleum analyst. "Prices moved lower in all but one state, Utah, with plunges at the pump throughout the Great Lakes as a result of BP's Whiting, Indiana refinery coming back online. The national average now stands at its lowest point since April, a fitting way to close out the summer driving season with Labor Day approaching."

"While oil prices rallied late last week, I don't yet expect it to impact pump prices, as they still have some catching up to do with the drop in crude oil prices. Since June 30, oil prices have fallen 23% while retail gasoline prices have fallen about half that amount, so gasoline prices will move lower again this week," DeHaan said.

For a complete listing of current averages and other fuel price data, visit http://media.gasbuddy.com. For fuel news and alerts, follow @GasBuddyNews on Twitter.

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