Average retail gasoline prices in Savannah have risen 22.4 cents a gallon in the past week to $3.53 a gallon on Sunday, according to GasBuddy's daily survey of 262 gas outlets in Savannah.
The national average increased 11.7 cents a gallon in the last week to $3.62, according to gasoline price website GasBuddy.com.
Prices Sunday were 32.6 cents a gallon higher than the same day one year ago and are 12.4 cents a gallon higher than a month ago. The national average has increased 0.4 cents a gallon during the last month and stands 19.5 cents higher than this day one year ago.
"I suspect that the unrest in Egypt is playing a significant role in pushing crude values higher, and thus retail gasoline prices higher as well," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "The market is seemingly quite sensitive to the situation in Egypt as the Energy Information Administration has reported two consecutive weeks of large declines in crude oil inventories, drawing concern that a loss in Middle Eastern crude would mean continued declines in inventories stateside."