Gas Prices Down in Elbert County this Week, Down Nationally and Statewide as Well

December 18, 2013

Pump prices moved slightly lower last week on falling demand numbers.

Gasoline consumption dropped for the fifth week in a row, according to the Energy Information Administration (EIA).

After the price for a barrel of oil jumped nearly seven dollars, it moved lower when the EIA reported gasoline inventories rose the most in 11 months during the first week of December.

Total fuel demand is down seven percent; the least since October.

The national average for a gallon of regular, unleaded gasoline is $3.23, 3-cents less than last week.

Georgia’s average of $3.19 fell 4 cents from last week, respectively.

Good news in Elbert County, as the low retail price for gasoline fell six cents from last week’s low price of $3.15 down to $3.09 a gallon.