Holiday travelers will find gas bargains

Holiday travelers will find gas bargains

ALBANY, GA (WALB) - As the heaviest travel period of the year arrives, drivers won't have to hurt their wallets too hard to fill their tanks in 2016.

Average retail gasoline prices in Georgia have fallen 6.2 cents per gallon in the past week, averaging $2.10 a gallon Sunday, according to GasBuddy's daily survey of 5,883 gas outlets in Georgia. The national average has fallen only 1.7 cents per gallon in the last week to $2.13 a gallon.

Valdosta and Leesburg had some of the lowest gas prices in the state. East Albany had gas under $2.00 Monday morning. CLICK HERE to see and report gas prices.

The Sunday average was 8.5 cents per gallon higher than the same day one year ago, but 11.1 cents per gallon lower than a month ago. The national average has decreased 8.6 cents per gallon during the last month and stands 5.4 cents higher than this day in 2015.

According to GasBuddy historical data, gasoline prices on November 21 in Georgia have ranged widely over the last five years:
$2.02/g in 2015, $2.76/g in 2014, $3.20/g in 2013, $3.27/g in 2012 and $3.25/g in 2011.

Here are some Georgia metro area gas prices-
Augusta- $2.08/g, down 5.4 cents per gallon from last week's $2.13/g.
Macon- $2.06/g, down 5.2 cents per gallon from last week's $2.11/g.
Atlanta- $2.14/g, down 6.8 cents per gallon from last week's $2.21/g.

"As motorists pack their bags and prepare to head out for Thanksgiving, gas prices are falling across much of the country," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "With a record amount of travelers, motorists will be facing congestion not only on highways but gas stations. But at least low gas prices have lingered for much of this year. Keep an eye on word from OPEC over the holiday weekend- there could be some surprises at a major meeting to decide the fate of an oil production cut."
"But no matter what eventually takes place with the OPEC meeting, motorists are virtually guaranteed another year of gas prices that will remain well under all-time record highs, as oil prices will likely remain confined between $40 and $60 for much of the next year," he added.

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