Gas prices in the Southeast reached year-ago levels and the national average for regular retail gasoline is $3.69 -- some 8 cents more than a year ago.
In Georgia, gas averages $3.57 a gallon, compared with $3.48 a week ago, $3.26 a month ago and $3.58 a year ago.
Last week an unexpected refinery fire in California and a pipeline leak in the Midwest caused retail gas prices to spike, AAA noted. 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, in statement. “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.”
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