Thursday, 17 August, 2017

SC gasoline prices edge up, still lowest in nation

Valdosta's gasoline prices spike Valdosta's gasoline prices spike
Connie Andrews | 26 July, 2017, 02:08

The least expensive gas price averages in Georgia were in Augusta-Aiken at $2.03 per gallon, Macon at $2.06 and Valdosta at $2.09.

Gasoline prices are rising along with summer temperatures, as the price of fuel rose two cents to $2.28 per gallon Monday, according to gas-price website GasBuddy.

AAA found self-serve, regular selling for as low as $2.07 and as high as $2.41 per gallon. The price-hike followed EIA's weekly supply report, showing a larger-than-expected decline in crude oil supplies.

Motorists in 42 states saw gas prices rise in the past week, a reversal from the prior week, when 20 states saw average prices rise.

On the oil market, crude oil prices jumped about 1 percent in Monday tradingafter Saudi Arabia said it would cut another 600,000 barrels per day from its output. Lee County's average moved to $2.20 per gallon, while Naples sits at $2.25. The average in the state of Nevada stood at $2.74 cents per gallon.

AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.

Petro-Logistics, a company that tracks OPEC's supply and output, forecasts OPEC production to grow by 145,000 barrels per day.

Motorists in the Tampa Bay area and in Jacksonville had the lowest gas prices in the state with the Bradenton-Sarasota-Venice, the Tampa-St.

The range in prices in the latest AAA survey for regular in MA is 34 cents, from $2.07 to $2.41.

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