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Gas prices continue to dip


June 17, 2014
ATLANTA — In the past couple of weeks, motorists in the Southeast have seen gasoline prices going through slow and steady declines, according to AAA's Auto Club Group.

The average price for a gallon of regular unleaded fuel fell one cent in Tennessee, two cents in Florida and three cents in Georgia at press time.

"Gas prices in the Southeast are falling at about the same rate as they did during June 2013," said Mark Jenkins, spokesman for AAA Auto Club Group. "However, the discount at the pump could end anytime. The summer months tend to be more volatile with increased demand, geopolitical tensions and the potential for hurricanes."

High demand and positive economic news are keeping a floor on gas prices. The Energy Information Administration (EIA) reported the highest four-week gasoline demand figures in 35 months. So far, supplies have met the heightened demand.

BUS 06-18-14

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