Gas Prices in Georgia and Southeast Continue Decline

November 6, 2012

While one might expect gas prices to increase after a storm like Hurricane Sandy makes landfall, the opposite has occurred. Instead, gas prices continue to fall in many states, including the Southeast.

The devastation left by Sandy caused demand to drop in the Mid-Atlantic and Northeast region, an area that is not a big production hub. U.S. oil supplies are expected to increase again this week as fewer people travel to and from work and many areas are without power.

The national average price of regular unleaded gasoline is $3.48, 7 cents less than last week. Georgia’s state average price of $3.30 decreased 11 cents from last week, respectively.

According to Motortrend.com, the low price for a gallon of regular unleaded in Elbert County sits at $3.33, and in Wilkes County the price is also $3.33 a gallon.

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