Big Fall in Weekend Gas Prices for Rabun County

The average price for gasoline in Georgia fell below $2 a gallon last week for the first time since May 2009. Georgia became the 29th state to slip below the $2 threshold on Friday. “Gas prices will keep falling until the price of oil bottoms out,” According to AAA Spokesman Mark Jenkins. “It’s unclear when that will happen, but oil prices should remain relatively low through the first half of the year. AAA expects the national average for gasoline to remain below $3 per gallon in 2015, barring any major fluctuations in the global price of crude. While increased seasonal demand and maintenance at refineries may result in a typical 30-50 cent increase in pump prices this spring, a major global price recovery is unlikely to be on the horizon, unless there are major market disruptions or geopolitical events.”  Rabun County saw a great drop in price over the weekend, going from an average of $1.95 a gallon on Friday to an average of $1.89 to begin this week.