Sept. 03–VALDOSTA — Gasoline prices remained steady in the week running up to Labor Day.
Sunday, the average price of a gallon of regular gasoline in Valdosta was $2.64, unchanged from a week earlier, according to the AAA Daily Fuel Gauge Report.
The lowest price reported in the city Sunday was $2.49 a gallon at a West Hill Avenue retailer, according to the price tracking website gasbuddy.com.
Valdosta tied with Dalton for ninth most expensive gasoline Sunday out of the 17 Georgia markets the auto club monitors.
Nationally, the average price of gas Sunday was $2.84 a gallon, unchanged from the previous Sunday, while the state average of $2.70 a gallon was a penny higher in the same period, AAA said.
Labor Day weekend gas prices spiked last year but that was due to Hurricane Harvey. As it battered the Southeast, it shut down refineries and pipelines, driving gas prices toward their highest point of 2017 ($2.67 a gallon).
Despite no hurricane activity this Labor Day weekend, AAA expected gas prices to be at their highest point for the holiday since 2014.
In Friday market action, benchmark U.S. crude fell 0.6 percent to $69.80 a barrel in New York. Brent crude, used to price international oils, dipped 0.5 percent to $77.42 a barrel in London.
Wholesale gasoline was unchanged at $2.14 a gallon. Heating oil lost 0.3 percent to $2.24 a gallon. Natural gas gained 1.5 percent to $2.92 per 1,000 cubic feet.
Terry Richards is senior reporter at The Valdosta Daily Times.
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