Georgia gas price average continues to decline at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.01 per gallon for regular unleaded gasoline (subject to change overnight).
Monday’s state average is 6 cents less than a week ago, 31 cents less than a month ago, and 20 cents less than this time last year. It now costs an average of $45.15 to fill a 15-gallon tank of regular gasoline. Georgians are paying an average of $3.00 less to fill up at the pump compared to a year ago.
“Less expensive winter blend fuel, lower seasonal demand, and Governor Kemp’s suspension of the state’s gas tax continues to drive pump prices down in the state of Georgia,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman.
As the Leaves Fall, so Do Gas Prices
Since last Monday, the national average for a gallon of regular gasoline decreased by 5 cents to $3.55 (subject to change overnight). Despite global tensions causing ripples through the oil market, the national average for a gallon of gas maintained its autumnal dip. Pump prices have lost 32 cents since their 2023 peak of $3.88 a month ago. This means drivers are saving about $5 every time they fuel up.
According to data from the Energy Information Administration (EIA), gas demand increased from 8.58 to 8.94 million barrels a day last week. On the other hand, total domestic gasoline stocks decreased by 2.4 million barrels to 223.3 million barrels. Although higher demand and tightening supply typically increase pump prices, flat oil prices have had the opposite effect. If oil prices remain steady or fall, drivers can expect further price drops at the pump in the weeks ahead.
Regional Prices:
The most expensive Georgia metro markets – are Savannah ($3.14), Hinesville-Fort Stewart ($3.11), and Atlanta ($3.07).
The least expensive Georgia metro markets – are Warner Robins ($2.86), Dalton ($2.85), and Albany ($2.82).
Current and Past Price Averages…
Read the full article here