Gas Prices Steadily Rising Across the Board as Predicted

March 5, 2014

Gas prices finished February with the largest increase since July.

The nation’s gas prices averaged $3.34 a gallon in February, the cheapest monthly average since 2011.

In prior years, February’s gas prices averaged $3.65 in 2013, $3.55 in 2012 and $3.17 in 2011.

Gas prices typically rise this time of year because many refineries cut production to conduct seasonal maintenance, which can limit gasoline supplies and cause market uncertainty.

The majority of Gulf Coast refineries, the primary source of fuel in southeastern states, should conclude maintenance in mid to late March—assuming no major repairs keep refineries offline for an extended period of time.

The national average for a gallon of regular unleaded gasoline is $3.46, 5 cents more than last week.

Georgia’s average of $3.29 rose 1-cent from last week respectively.

Gas prices in Elbert County keep bouncing up and down, and are now back up to $3.17 for the lowest reported price in the county.