Get notified by email when this case is updated.
March 2, 2021 at 9:26 AM EST
Gas prices continue to rise, with the national average up nine cents on the week to $2.72, a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average since August 2019.
As of March 2, Georgia falls below the national average at $2.574. This is up from $2.24 a month ago, and $2.26 a year ago.
The increase at the pump comes as a direct result of February’s winter storm that took 26 U.S. refineries offline and pushed refinery operable capacity percent utilization from an average of about 83% down to an abnormal low of 68%, according to the Energy Information Administration (EIA).
“Barring hurricane season, March may bring the most expensive pump prices of 2021,” said Jeanette Casselano McGee, AAA spokesperson. “While the month is roaring in like a lion, by the end of it we could see some relief at the pump as refineries resume normal operations, especially if crude oil prices show signs of stability.”
Every state average is more expensive on the week and the month. Only three states have averages cheaper year-over-year: Hawaii (-10 cents), Alaska (-7 cents) and Oregon (-3 cents).
More information can be found here:
https://gasprices.aaa.com/