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Gas prices down nearly 8 cents a gallon locally

Average retail gasoline prices in Savannah have fallen 7.9 cents a gallon in the past week to $2.51 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.

The national average has fallen 8.3 cents a gallon in the last week to $2.57, according to gasoline price website GasBuddy.com.

Prices Sunday in Savannah were 72.3 cents a gallon lower than the same day one year ago and are 30.1 cents a gallon lower than a month ago. The national average has decreased 33.2 cents a gallon during the last month and stands 67.0 cents lower than a year ago.

“By tomorrow, more stations in the U.S. will be charging under $2.50 per gallon than over, a remarkable milestone,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “In fact, as of Sunday evening, the number of states that saw at least one station at $1.99 or less had jumped to thirteen from just three a week ago.

“As of midday Sunday, all 48 lower U.S. states saw averages under $3 a gallon, with New York being the last of the lower 48 to join. Motorists are saving $270 million dollars every day versus pump prices a year ago.”


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