Local gas prices continue to drop

Local gas prices continue to drop

Local gas prices continue to drop

"Drivers see the "premium" name at the pump and may assume the fuel is better for their vehicle", John Nielsen, AAA's managing director of Automotive Engineering and fix, said in a news release.

On average, this year in MI, there has been a 26 percent (64 cent) price gap between regular and premium octane fuel ($2.44 vs. $3.08).

The most expensive gas price averages in Georgia were in Savannah at $2.37 per gallon, Brunswick at $2.36 and Atlanta at $2.34. The research revealed that while recommended premium might upgrade fuel economy and performance, the additional cost isn't worth it. The national average has gone up 23.6 cents since a year ago and is also up 11.4 cents since last month. "Individual vehicle test result averages ranged from a decrease of 0.3% (2016 Jeep Renegade) to an improvement of 3.2% (2017 Ford Mustang)".

"Each vehicle was tested on a dynamometer, which measures horsepower, and emissions testing equipment to determine fuel economy and tailpipe emissions when using both fuel types in a variety of driving conditions".

You may think it's better than "Regular" gasoline because, well, it is called "Premium" and it costs more.

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"The modest fuel economy improvements found in AAA tests do not offset the higher cost of premium gasoline". "Look for another week of declines as refineries continue to produce gasoline at a much higher rate than what is being consumed".

In 2015, drivers wasted $2.1 billion by paying for premium fuel when their vehicles were created to operate on regular, according to the AAA.

Following on what was a comprehensive, 41-page report, AAA joined with the Automobile Club of Southern California's Automotive Research Center to investigate whether auto owners can gain anything from putting premium fuel in vehicles that recommend but don't require it.

"With the exception of some Great Lakes states where prices tend to be volatile, average gas prices moved lower in almost the entire country in the last week", said Patrick DeHaan, head of petroleum analysis for GasBuddy.

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