Rabun’s gas prices seeing decline in time for holiday travel

Fuel prices dropped seven cents this week in Rabun County, as crude oil dove to an eight-month low last week.

AAA’s weekly fuel price reported the statewide average for a gallon of regular unleaded is $2.57 cents as of Sunday, the lowest average since March 29.

The price is down 24 cents over the past 30 days, though Georgia drivers are still paying about 16 cents more per gallon this year than they were last year at this time.

In our area, AAA said Rabun’s $2.66 prices were amongst the second highest in the state.

Although, with Thanksgiving almost a week away, the projections at the pump may signal good news for those who plan to fill up their tank and travel for the holiday.

Mark Jenkins with AAA said the price of producing gasoline has dramatically declined during the past month, thanks to concerns of lower global demand and strong fuel supply and production.

Unless oil prices change course, motorists could easily see pump prices shed another 10-20 cents before January, and slip below year-ago levels by Thanksgiving.