Local News

Gas prices down 15 cents from peak

By Mike Morris
April 23, 2012

After peaking at $3.87 a gallon earlier this month, metro Atlanta’s average price for a gallon of regular unleaded gasoline has dropped 15 cents.

Monday morning’s average of $3.72 a gallon is 9.5 cents cheaper than one week ago, according to atlantagasprices.com, a website that tracks how much Atlantans pay for gas.

The price has been steadily dropping since peaking on April 8.

The cheapest gas in metro Atlanta early Monday was $3.57 a gallon, at several stations in Suwanee and Stone Mountain, while several stations in Buford, Smyrna and Austell were charging $3.59, the website reported.

The priciest gas Monday was $4.19 a gallon at a Chevron station on Cobb Parkway in Marietta.

Nationwide, Monday’s average price was $3.84, down a nickel from a week ago.

Falling world oil prices and declining demand from U.S. drivers in response to high prices are two factors contributing to the lower prices, analysts say.

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