Georgia gas prices drop 7 cents at the start of February

Daniel Fowler
February 5, 2020

The average price of a gallon of self-serve regular gasoline in San Diego County dropped one-tenth of a cent Monday to $3.561, one day after rising one-tenth of a cent.

The West Palm Beach-Boca Raton area had the most expensive gas in Florida with an average of $2.53 a gallon followed by Miami at $2.47 and the Sebastian-Vero Beach market at $2.45.

Energy Information Administration (EIA) data show that regional gasoline stocks dipped by almost 300,000 barrels. Wyoming's state average in the meantime remained steady at $2.53 per gallon with the lowest price in Wyoming found in Casper with one station there pricing gasoline at $2.01 a gallon.

Gas prices in Michigan are up 5 cents compared to last week, AAA Michigan reports.

"Gas prices are pushing cheaper for two reasons". Decreasing demand for gas combined with increasing stocks continue to keep prices low.

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Crude oil prices that are $10 lower per barrel than one month ago and US gasoline stocks at a record high are driving prices at the pump down, a AAA spokeswoman said.

Motorists in at least a dozen states can find gas for less than $2/gallon.

At the close of Friday's formal trading session on the NYMEX, WTI dropped by 58 cents to settle at $51.56.

AAA East Central is a not-for-profit association with 78 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members.

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