AAA: Georgia Gas Price Average Increased at the Pumps

Georgia gas price average increased at the pump compared to a week ago. Georgia drivers are paying an average price of $3.02 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 7 cents more than a week ago, 1 cent more than a month ago, and 37 cents less than this time last year. It now costs an average of $45.30 to fill a 15-gallon tank of regular gasoline. Georgians are now paying almost $6.00 less to fill up at the pump compared to a year ago.

“Georgians experienced unwelcomed spikes at the pumps this weekend,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Although gas demand has declined, crude oil prices have increased, pushing gas prices higher. If oil prices drop in the week ahead this recent price bounce may fade.”

Gas Prices End Up Close to Where They Started

Since last Monday, the national average for a gallon of regular gasoline has increased by 3 cents to $3.10 (subject to change overnight). The meandering journey is likely caused by low gas demand countered by slightly higher costs for oil.  The result is a pump price stalemate.

According to data from the Energy Information Administration (EIA), gas demand dipped from 8.27 to 7.89 million barrels a day last week. Meanwhile, total domestic gasoline stocks increased by 4.9 million barrels to 253 million barrels. Due to fluctuating oil prices, lower gas demand, and rising stocks, pump price increases have been limited. If oil prices continue to see upward pressure, drivers could see pump prices increase steadily in the weeks ahead.

Regional Prices:

Atlanta: $3.04

The most expensive Georgia metro markets – are Savannah ($3.12), Brunswick ($3.09), and Hinesville-Fort Stewart ($3.05).

The least expensive Georgia metro markets – are Rome ($2.94), Dalton ($2.91), and Catoosa-Dade-Walker ($2.84).

Current and Past Price Averages (Regular Unleaded Gasoline)