Gas Prices Rise Again in Georgia, Hold Steady in EC

May 8, 2013

Gas prices started to fluctuate last week after the cost for a barrel of oil jumped above $90 and has held steady in that price range.

The recent jump in U.S. employment numbers raised hopes for an increase in fuel demand and pushed oil prices higher as summer approaches.

However, its unlikely gas prices will spike in the coming weeks. The GDP and overall fuel demand numbers are still down.

The nation’s oil stockpiles rose about 7 million barrels during the last week in April, according to the Energy Information Administration.

The national average price of regular unleaded gasoline is $3.52, 2 cents more than last week. Georgia’s average of $3.41 rose 4 cents from last week.

According to Motortrend.com, the low price for retail gas in Elbert County is $3.21.

In Wilkes County, the price is holding steady at $3.33; and in Lincoln County, the price remains $3.29.

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