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Price per barrel hits 2012 record

Photo Credit: Chart courtesy AAA


For the past few weeks the United States has seen a drop in prices at the pump and now the price for a barrel of oil has inched lower.

According to AAA, the price per barrel of oil has dropped to its lowest cost so far this year.

At $96.13, it's $2.00 less than last week.

Officials say pessimistic economic news across the globe caused the price per barrel to drop.

Currently the price for a gallon of gas in Georgia is $3.53, twenty cents lower than the national average.

Due to a weakened demand, retail gas prices are expected to continue to fall throughout the week.

CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

Current Week Ago Month Ago Year Ago

National: $3.728 $3.783 $3.901 $3.982

Georgia: $3.533 $3.617 $3.844 $3.945

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