Average retail gasoline prices in Savannah have fallen 9.3 cents a gallon in the past week to $2.23 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.
The national average has fallen 9.6 cents a gallon in the last week to $2.28, according to gasoline price website GasBuddy.com.
Prices Sunday were $1.07 cents a gallon lower than the same day one year ago and are 47.0 cents a gallon lower than a month ago. The national average has decreased 50.6 cents a gallon during the last month and stands $1.00 a gallon lower than one year ago.
“The dramatic decline at the pump continues to reap significant savings for the motoring public — more than $525 million less spent every day versus this past summer or $375 million less than the same time last year,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “The slump in crude oil has wavered slightly, and we’re in the fourth quarter of the game. However, there is still a chance that crude prices resume their slump again, and carry the pump plunge into overtime.”
Gas prices have fallen $1.85/gal in Michigan since June 28, the largest drop in the nation. More statistics can be found at media.gasbuddy.com.