Analyst: major storms impede refinery activity

SAVANNAH, GA (WTOC) - The average retail price for gas in Savannah increased 11.1 cents per gallon in the past week, averaging $3.60 per gallon on Sunday, according to That's nearly double the increase of the national average that rose only 5.9 cents per gallon in the last week to $3.67 per gallon, according to the website.

Including the change in gas prices in Savannah during the past week, prices on Sunday were $1.04 per gallon higher than the same day a year earlier and are 2.0 cents per gallon lower than a month ago, according to the website.

The national average is 98.2 cents per gallon higher than the same day a year ago.

"Gasoline prices continue to slowly advance, but with major storms impeding the activity of refineries, it shouldn't come as a shock," said Patrick DeHaan, senior petroleum analyst, in a statement. "I believe that we may see additional impacts with Tropical Storm Lee as many oil platforms have already ceased production, and there may be refineries that shut due to intense rain. The good news is that I do expect gasoline prices to being falling closer to the end of September as we switch back to cheaper Winter gasoline and the peak of hurricane season passes."

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