Release:
ATLANTA, GA., (June 15, 2020) — Georgia gas prices increased at the pump compared to a week ago. Georgia motorists are now paying an average price of $1.90 per gallon for regular unleaded gasoline. Monday’s state average is 11 cents more than a week ago, 24 cents more than last month, and 58 cents less than this time last year.
It now costs motorists $28.50 to fill a 15-gallon tank of gasoline; that is $12.60 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.
“Georgians continue to see increases at the pump, however, prices are still significantly cheaper than last year,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “As crude oil prices trend higher and gasoline demand continues to grow, Americans will see pump prices push more expensive, but this summer will likely remain cheaper than last.”
Demand Growth Lifts National Average
Since last Monday, the national average for a gallon of regular gasoline is $2.10, which is 8 cents higher than a week ago. According to new data from the Energy Information Administration (EIA), gas demand has continued to increase, moving from 7.5 million barrels a day to 7.9 million barrels a day last week. If demand continues to trend higher, motorists will likely see pump prices continue to increase through the end of the month.
At the close of last Thursday’s formal trading session, WTI decreased by $3.26 to settle at $36.34. Domestic crude prices have decreased amid increased market concern that a second wave of the COVID-19 pandemic may emerge and could lead to another reduction in crude demand. Additionally, EIA’s weekly report showed that total domestic crude inventories grew by 5.7 million barrels last week, bringing the total to 538.1 million barrels. The increase in crude supplies also helped to push prices lower, since it signals that domestic crude production may need to reduce further in order to meet demand.
Regional Prices
Atlanta ($1.90)
- Most expensive Georgia metro markets – Brunswick ($2.01), Savannah ($1.95) and Hinesville-Ft Stewart ($1.93).
- Least expensive Georgia metro markets – Athens ($1.85), Catoosa-Dade-Walker ($1.86) and Dalton ($1.87).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
 | Sunday | Saturday | Week Ago | Month Ago | One Year Ago | 2019 Low | 2019 High | Record High |
| National | $2.10 | $2.10 | $2.02 | $1.86 | $2.70 | $2.23 (January) | $2.90 (May) | $4.11 (7/17/2008) |
| Georgia | $1.90 | $1.89 | $1.79 | $1.66 | $2.48 | $2.04 (January) | $2.74 (April) | $4.16 (9/15/2008) |
| Click here to view current gasoline price averages |
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
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About AAA – The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with more than 14 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.
