Gas Prices Set to Increase Heading into the New Year

December 31, 2013

Multiple factors pushed the price for a barrel of oil to more than $100 last week.

As a result, retail gas prices will likely move higher this week and into the New Year.

Oil prices jumped to $100 for the first time in two months after a government report showed supplies for oil, gasoline, and heating oil fell as demand increased.

The national average for a gallon of regular, unleaded gasoline is $3.31, 7 cents more than last week.

Georgia’s state average of $3.21 increased 3 cents from last week respectively.

Gas Prices in Elbert County actually fell two cents from $3.09 a gallon down to $3.07 a gallon.

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