11:26 am June 18, 2012, by Fran Jeffries
Here’s some good news to start your week.
Metro Atlanta gas prices dropped again and are expected to keep falling this week.
“The good news is retail gas prices continue to drop and are forecast to retreat throughout the month,” said Jessica Brady, a spokeswoman for AAA, The Auto Club Group. “Pump prices are expected to drop again this week.”
The price per gallon of regular unleaded gasoline in Georgia now averages $3.26, compared with $3.30 a week ago, $3.49 a month ago and $3.58 a year ago. Checking in on our neighbors: Florida’s average of $3.32 dropped 5 cents from last week. and Tennessee’s average price of $3.17 decreased 4 cents from last week.
The national average price is $3.50 — down 4 cents from last week.
Brady notes that oil prices remained relatively stable last week after hopes of an economic stimulus stirred the market. The price of a barrel of oil closed Friday at $84.03 — 7 cents less than the prior week.
“Although a sense of optimism kept oil prices from falling last week, retail gasoline prices continue to retreat week after week,” said Brady. “Signs continue to point to lower prices at the pump in the coming weeks after U.S. manufacturing and consumer sentiment fell more than forecast.”
Although lower pump prices have made it more affordable to travel this summer, many families are still dealing with tight budgets and being as frugal as possible, Brady noted.
Check here for cheap gas prices throughout metro Atlanta. The cheapest we found was $3.06 at Kroger, 3093 Steve Reynolds Blvd., Norcross. The most expensive was $3.79 at Chevron, 400 Cobb Pkwy, in Marietta.
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