Georgia Gas Prices Down Over 20 Cents From Year Ago

Press release from the issuing company

Tuesday, February 4th, 2014

Gas prices moved slightly lower last week and are now more than 20 cents less than they were this time last year.

Slow economic growth across the globe has curbed the oil rally and helped fuel prices move lower. According to the government, US manufacturing fell to its lowest level in six months. Consumer sentiment also decreased according to a Thomson Reuters/University of Michigan report.

"The good news is gas prices are stable and there is nothing, at this moment, that shows signs of a spike in price,” said Jessica Brady, AAA spokesperson, The Auto Club Group. “Pump prices are likely to inch lower again this week.”

The national average for a gallon of regular, unleaded gasoline is $3.28, 1-cent less than last week. Florida's average of $3.33 and Georgia’s average of $3.19 both fell 2 cents from last week. Tennessee’s average of $3.08 dropped 1-cent from last week. Visit AAA’s Daily Fuel Gauge Report to find national, state, and local metro market retail gasoline prices.

                                             CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

                             Current                  Week Ago             Month Ago             Year Ago

National:                $3.280                   $3.285                   $3.326                   $3.497

Florida:                  $3.332                   $3.350                   $3.428                   $3.549

Georgia:                $3.194                   $3.212                   $3.240                   $3.426

Tennessee:          $3.081                   $3.091                   $3.135                   $3.294