Motorists can finally breathe a sigh of relief.
After reaching a 13-month average high of $3.65 a gallon for regular unleaded in Georgia, gas prices have finally stopped climbing.
At least for now.
Gas prices stabilized during the weekend after continually rising over a 20-day period, the AAA said on Monday.
The national average for a gallon of regular unleaded gasoline was $3.67 on Sunday, an increase of three cents from last week. The average in Georgia rose 7 cents to $3.65, AAA said.
Prices in Georgia, Tennessee and Florida didn’t increase at all this past weekend, AAA said, and increases in gas prices last week were smaller than those occurring in previous weeks.
“During the past week, gas price increases slowed until they finally stopped over the weekend,” said Mark Jenkins, spokesman for AAA, in a press release. “It is too soon to know whether we have seen the peak price for the season, but this is a good sign that relief is on the way for motorists at the pump.”
It’s pretty common for gas prices to rise in the spring, AAA said, with peaks occurring during spring months for the past three years.
Meanwhile, summer prices “become more volatile,” according to AAA, and are greatly influenced by demand, natural disasters and geopolitical tension.
About the Author
