Average retail gasoline prices in Savannah have risen 2.2 cents a gallon in the past week to $2.49 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.
The national average has increased 4.0 cents a gallon in the last week to $2.66, says gasoline price website GasBuddy.com.
Gas prices in Savannah as of Sunday were $1.11.8 cents a gallon lower than the same day one year ago and are 23.3 cents a gallon higher than a month ago. The national average has increased 26.9 cents a gallon during the last month and stands 99.4 cents lower than this day one year ago.
“The rapid rise we’ve seen in the national average over the last several weeks appears to be slowing,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “The rise in crude oil prices has been the largest explanation for the rise in gasoline prices over the past few weeks, though the increase has been enhanced in the west by refinery problems- which still pose a threat to that market.
“For the rest of the nation, gasoline prices may begin to decline as crude oil prices have begun dropping, and stood some $4-barrel off recent highs as of late last week.”
Monthly comparisons show all fifty states seeing higher prices than they stood four weeks ago, with the largest jumps taking place in California, Nevada, Utah, Arizona and New Jersey, where prices jumped by over 30 cents a gallon.
Meanwhile, all fifty states still stand lower today than a year ago, with the biggest drops in Ohio, Michigan and Kentucky, where prices stand over $1.15 a gallon lower. Meanwhile, the smallest drops versus a year ago can be found in California, Nevada and Utah, where prices are 48-65 cents lower than last year.
About GasBuddy.com
Founded in 2000, GasBuddy.com developed as an initiative to provide consumers access to local, current gas prices. Through the GasBuddy.com website and the free GasBuddy mobile app, users can find and share gas prices with fellow drivers, saving big money at the pump.