Augusta’s average gasoline price was $3.27 per gallon Thursday, Nov. 12, down from $3.45 a week earlier and $3.75 a month earlier. It was still higher than the $2.76 average reported a year ago.
Georgia’s average stood at $3.40 per gallon, compared with a national average of $3.91.
The price report attributes the recent decline primarily to lower demand after summer driving ended and the return to standard time.
It also identifies refinery damage from fighting in Russia and the Middle East as a longer-term price pressure. U.S. refineries are expected to go offline for maintenance that operators had deferred during the year to keep supplies steady.
Victoria Sterling
News Now Georgia
