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AAA: Summer Gas Prices Could Hit Low Not Seen In A Decade

first_img For Whom The Bell Rings 0:26 | Play story Add to My ListIn My List Related Stories Legal Advocate Discusses Medical Abuse At Shut Down Georgia ICE Facility ‘It’s Fractured’: Georgia Lt. Gov. Geoff Duncan On Healing Republican Party Share An audio version of this story.0:26The cost of gas in metro Atlanta is on the rise, for now.  The average price for a gallon is $2.79, according to AAA. That’s an increase of about eight cents from last week.Analysts with the travel agency say an increase in demand and higher crude oil prices are to blame for this hike.However, commuters may soon be getting a break.“Gas prices usually peak by May, but have been rising on the back of crude oil prices and increasing demand. The price of crude oil has found a new normal around $60 a barrel, and it’s likely that gas prices will decline in June. This would be the first time that gas prices peaked after the month of May since 2010,” says AAA spokesman Mark Jenkins.The national average is $2.75. last_img read more