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Savannah area gas prices up a more than a nickel

Average retail gasoline prices in Savannah have risen 5.3 cents a gallon in the past week to $2.08 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.

The national average increased 12.6 cents a gallon in the last week to $2.1, according to gasoline price website GasBuddy.com.

Prices Sunday in Savannah were $1.128 cents per gallon lower than the same day one year ago and are 2.6 cents a gallon lower than a month ago. The national average has increased 1.7 cents a gallon during the last month and stands $1.107 cents per gallon lower than a year ago.

“This past week gasoline prices saw the largest weekly incline since July 2013. While the pace of increases will slow in the week ahead, we’re looking at continued gas price increases over the next few weeks,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “But while gasoline prices have rebounded, diesel consumers have not seen the massive spikes that their gasoline counterparts have. In fact, diesel prices will likely continue to slowly drift lower.”

A week ago, more than half of all gas stations were under $2 a gallon but now just 27 percent are selling under that price. Similarly, the number of stations charging more than $2.25 a gallon has risen from 17 percent a week ago to 31 percent.

As of Sunday night, some of the largest increases across the U.S. in the last week: Danville, Ill., up 31.6 cents a gallon; Bloomington/Normal, Ill., up 27.4 cents a gallon; Cape Girardeau, Mo., up 26.7 cents a gallon; Toledo, Ohio, up 25.6 cents a gallon; Huntington, W.Va., up 25.2 cents a gallon; Wichita, Kan., up 24.9 cents a gallon.

A complete listing of the biggest movers can be accessed at http://media.gasbuddy.com/#BiggestMovers.


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