Gas prices in the Southeast reached year-ago levels and the national average for regular retail gasoline is 8 cents more than a year ago today.
Last week an unexpected refinery fire in California and a pipeline leak in the Midwest caused retail gas prices to spike. In addition, the price of crude oil continues to trade at more than $90 a barrel.
“So much occurred in the last couple of weeks that has led to current pump prices,” said Jessica Brady, AAA spokeswoman, The Auto Club Group. “Elevated oil prices, domestic supply disruptions, tropical storms and more have led to the spike at the pump and it looks as though prices will continue to increase throughout the month. Hopefully, retail prices will drop after the Labor Day holiday when demand tends to fall and we switch to a cheaper fuel blend.”
A barrel of oil settled Friday at $92.87 on the New York Mercantile Exchange—$1.47 more than the week prior.
The national average price of regular unleaded gasoline is $3.69, an 8-cent increase from a week ago today. Tennessee’s average of $3.47 also increased 8 cents from last week. Florida’s average of $3.64 jump 11 cents and Georgia’s average of $3.57 rose 9 cents from last week, respectively. Visit AAA’s Daily Fuel Gauge Report to find national, state, and local metro market retail gasoline prices.
Current and past gas price averages: National:
Current-$3.692
Last week-$3.610
Last month-$3.388
Last year-$3.606
Florida:
Current-$3.636
Last week-$3.534
Last month-$3.285
Last year-$3.627
Georgia:
Current-$3.573
Last week-$3.483
Last month-$3.261
Last year-$3.581
Tennessee:
Current-$3.470
Last week-$3.392
Last month-$3.118
Last year-$3.496





