Average retail gasoline prices in Savannah have risen 0.7 cents per gallon in the past week to $3.32 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.
The national average has increased 1.3 cents a gallon in the last week to $3.44, according to gasoline price website GasBuddy.com.
Prices Sunday were 19.1 cents a gallon lower than the same day one year ago and are one cent a gallon higher than a month ago. The national average has decreased 2.2 cents a gallon during the last month and stands 13.7 cents lower than a year ago.
“We’re past the seventh inning stretch for what will be a short lived upward trend, and motorists will be seeing lower prices by late September in most areas across the country,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “A mere 1.5 percent of all U.S. gas stations are priced over $4 a gallon, while roughly a third of stations are seeing prices over $3.50 a gallon, a huge drop versus last year when nearly 62 percent of stations were charging over $3.50 a gallon.
“On the bottom side, the cheapest 5 percent of stations are charging an average of $3.08 a gallon, and that price will likely continue moving lower in the weeks ahead,” DeHaan said.