Gas Prices Have Fallen but Break for Drivers Isn't Expected to Last

Enjoy the lower gas prices while you can, a AAA spokesperson says, because they aren't expected to last. 

Prices at the pumps fell over the busy holiday weekend, but drivers still paid an average of 15 cents more for a gallon of regular gasoline compared to last year. 

According to AAA, lower prices are not expected to last after a barrel of oil closed at more than $100 on the New York Mercantile Exchange, the highest since May 2012. Unrest in Egypt continues to create concerns of supply disruptions in the Middle East, while increased fuel demand and a jump in U.S. payrolls helped push oil prices higher.

"Motorists should enjoy the lower gas prices while they last, because all signs point to higher pump prices in the coming weeks," Jessica Brady, AAA spokeswoman, said in a news release. "For the past two years, retail gas prices increased after the Independence Day holiday and it looks like that will be the trend this year."

Going into this week, the average price for a gallon of regular unleaded in Georgia was at $3.34, down from $3.37 the past week and down from $3.43 a month ago. A year ago, though, Georgia drivers were paying an average of $3.19 per gallon.

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