Gas prices drop 8.4 cents in past week
Wellbrook Endoscopy Center, 7229 Wheat St., health care, David Socololf, July 9.
Central Community Church, 3236 U.S. Highway 278, retail trade, July 10.
Dramatic Arts Productions, 2125A Pace St., arts, entertainment and recreation, Kevin Shante Ragin, July 12.
Jimmy Harris Trucking Inc., 8163 Old Atlanta Highway, transportation and warehousing, Jimmy Harris, July 13.
Lee Construction Group Inc., 8141 Technology Drive, administrative and waste management, Luis E. Enriquez, Sept. 16.
Ceek to Fulfill Inc., 2131 Stone Mountain St., construction, education services, health care, Evelyn Cooksey, July 17.
Beam of Light Wellness Center Inc., 4186 Mill St., health care, Nancy Turney, July 17.
Average retail gasoline prices in Newton County have fallen 8.4 cents per gallon in the past week, averaging $3.67/gal Monday.
This compares with the national average that has fallen 4.3 cents per gallon in the last week to $3.81/ gal, according to gasoline price website AtlantaGasPrices.com.
Including the change in gas prices in Atlanta during the past week, prices yes- terday were 35.4 cents per gallon higher than the same day one year ago and are 7.6 cents per gallon lower than a month ago. The national average has increased 8.8 cents per gallon during the last month and stands 29.0 cents per gallon higher than this day one year ago.
According to AAA spokeswoman Jessica Brady, inclement weather, the Federal Reserve’s stimulus plan and continue violence overseas has kept an upward pressure on both oil and gas prices, last week’s report on fuel demand reversed trends.
“Whether or not this downward trend will continue is uncertain, what is certain is that we are going to see more volatility in oil prices,” Brady said. “Gas prices made more significant losses than recently seen with states averages in the Southeast falling 5 cents or more from last week.”
“The national average has begun to drop nicely over the last week, and while it certainly doesn’t feel like much, it is noteworthy,” said GasBuddy. com Senior Petroleum Analyst Patrick DeHaan. “Oil prices were all over the map last week, closing in on $100/bbl one day and dropping to $92/bbl later in the week. I’ve probably had more double takes watching oil prices in the last week than I’ve had all summer. Watching oil prices last week was as wild as watching the Detroit Tigers try to take a division lead over the White Sox,” DeHaan said.