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Gas prices climb after economic news
Posted: 08.06.2012 at 4:21 PM
Jessica Fairley

Jessica Fairley is a reporter with FOX 31 News

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Gas prices going up.  / Jessica Fairley
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ALBANY, GA. --

Within the span of one week gas prices gas prices have made a significant jump.

Early last week experts had expected that fuel prices would stabilize but news of a growth in U.S. jobs has helped push prices up to $91 a barrel.

This means prices at the pump have jumped an average of 10 cents.

The national price for a gallon of regular unleaded gas is $3.61 while the average price in Georgia is $3.48.

Officials say the spike in price shows just how volatile the market is and how diverse the factors are that affect oil prices.

 

CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

                                Current                  Week Ago             Month Ago           Year Ago

National:                                 $3.610                         $3.485             $3.358                 $3.700

Florida:                                    $3.534                         $3.424             $3.204                 $3.702

Georgia:                                   $3.483                         $3.403             $3.162                 $3.696

Tennessee:                              $3.392                        $3.276             $3.035                 $3.568

 

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