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Gas prices expected to continue to drop
Athena Jordan is thankful for the recent drop in gas prices.

She usually pays nearly $80 to fill up her blue Mercedes with premium gas about every two weeks.

Monday afternoon, she paid $3.57 a gallon for high octane fuel at Parker's at 2104 Glynn Ave. Regular gasoline at the convenience store had dropped even lower, to $3.27 a gallon.

"Normally I'm paying 70 to 80 bucks, so I'm excited because it's under $70," Jordan said after pumping $68 worth of premium gasoline into her car. "I hope (prices) go down more. It's ridiculous to pay this much for gas when you have all the other bills to pay too."

Gas prices across Georgia have fallen 30 cents from this time last year and are 28 cents lower than last month.

Currently, the state's average is $3.35 a gallon, significantly lower than the national average of $3.59 per gallon, said Jessica Brady, AAA Auto Club spokeswoman.

Florida's average gas price Monday was $3.43, down from $3.78 last month.

Relief at the pump is expected to continue. Crude oil prices have fallen to their lowest since October.

"Prices are expected to continue to fall throughout the month, barring any severe hurricane or something of that magnitude that would shut down refineries," Brady said.

Falling gas prices are a welcome source of relief for customers, said Miranda Cato, who works at Parkers on the corner of Glynn Avenue and the F.J. Torras Causeway.

"They're excited," Cato said. "We all are."

The dip in gas prices can be attributed to pessimistic economic news across the globe, Brady said. The nation's unemployment rate rose to 8.2 percent and employers added the fewest workers in a year last month.

Internationally, Europe's debt crisis continues to worsen, pushing unemployment rates there to record highs. China, the second largest oil-consuming country, is also suffering in factory sales with a decrease in demand.

"All these factors combined have just really pushed prices down," Brady said. "Barrels are trading below $85 at a time when supply is rising."



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