Gasoline Prices Continue Upward Tick in Prices

April 9, 2014

Gasoline prices continued their spring push this week amid tightened supplies and increasing demand.

The national average for a gallon of regular unleaded is the highest since August.

Prices in Georgia reached their highest levels since September 2013.

Every spring refiners are required to switch to producing summer-blend gasoline by May 1, with gasoline required to be sold at the pumps by June 1.

This seasonal refinery maintenance and the actual changeover itself increases the possibility of a disruption to production, which can send prices higher in an area that is normally supplied by a limited or offline facility.

These sorts of refinery issues have been minimal this spring, but the coming weeks will bear close attention.

The national average for a gallon of regular unleaded gasoline is $3.58, 3 cents more than last week.

Georgia’s average of $3.51 rose 9 cents from last week’s mark of $3.42 respectively.

The low retail price for gasoline this week in Elbert County is $3.45 a gallon.