Business news

Gas prices drop 7 cents in Augusta


How low will gasoline prices go? In Augusta, the average price for a regular gallon on Monday was down 7 cents from a week earlier. At $3.13, the Augusta price is far below the Georgia average of $3.30 and the $3.54 national average, according to AAA.

According to, the Costco on Alexander Drive and the Sam’s Club on Bobby Jones Expressway were selling gas for $2.98 a gallon at midday Monday.

Several retailers in North Augusta were also advertising prices below $3.

South Carolina prices currently average $3.12, down from $3.44 a month ago. The Georgia average is about 28 cents below the price one year ago and 24 cents below the price one month ago.

The European debt crisis and slow economic growth in China and the United States are keeping oil prices below $85 a barrel, AAA spokeswoman Jessica Brady said in a news release.

Slow economic growth created concern that fuel demand will continue to drop in the coming months.

Stationery store opens downtown

A new stationery and invitation store has opened on Broad Street in the storefront formerly occupied by Elduets Treasures of the World.

Stationery Seffarri opened at 1127 Broad St. on May 12. The store sells wedding and social invitations, personalized stationery, note­cards, journals and business cards, said store owner Amanda Britton-Patterson.

Britton-Patterson said she opened the store downtown because it was an open market for stationery supplies. The store is open Tuesdays through Fridays from 10 a.m. to 6 p.m. and Saturdays from 10 a.m. to 2 p.m.

Elduets moved to a new location at the end of January.

Facebook growth slowing, ‘WSJ’ says

NEW YORK — Facebook’s growth appears to be slowing, particularly in the U.S., according to a report in the Wall Street Journal.

Unique U.S. visitors to the wildly popular social media site rose 5 percent in April to 158 million, according to data attributed to comScore.

That’s the slowest growth rate since comScore started tracking data in 2008.

Users spent more than six hours a month on the site in April, up 16 percent from the prior year. Still, that’s a slower growth rate than the 23 percent increase in 2011, according to comScore data cited in the report.



Mon, 01/22/2018 - 17:19

Wreck closes stretch of Columbia Road