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Savannah gas prices down nearly eight cents

Average retail gasoline prices in Savannah have fallen 7.9 cents a gallon in the past week to $2.15 gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.

The national average has fallen 7.7 cents a gallon in the last week to $2.19, according to gasoline price website GasBuddy.com.

Prices Sunday in Savannah were $1.18 cents a gallon lower than the same day one year ago and are 50.3 cents a gallon lower than a month ago. The national average has decreased 52.8 cents a gallon during the last month and stands $1.13 cents a gallon lower than this day one year ago.

“As we’ve welcomed in the new year, gas prices have stayed at their bargain basement levels in most states, with just a few seeing minor gas tax increases,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “2015 will be a far better year at the pump than what we saw in 2014, and motorists will fare substantially better, shelling out $96 billion less this year at the gas pump with motorists in most states seeing far more $2 gas than $3 gas.”

DeHaaan said diesel consumers are slowly beginning to feel the benefit of declining prices.

“With diesel prices declining an average 44 cents a gallon in the last month and while the party is nearing an end for falling gasoline prices, the diesel price decline has much catching up to do,” he said. “I see diesel prices declining another 35-50 cents a gallon nationally over the next month or so.”


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