//Georgia average gas price dropped 7 cents in a week

Georgia average gas price dropped 7 cents in a week

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ATLANTA – The state average price for regular unleaded gasoline has decreased an average of 7 cents compared to a week ago.

Release:

Georgia gas prices decreased at the pump compared to a week ago. Georgia motorists are now paying an average price of $4.40 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 7 cents less than a week ago, 27 cents more than last month, and $1.49 more than this time last year. 

It now costs $66.00 to fill a 15-gallon tank of regular gasoline. Drivers are paying $22.35 more at the pump than last year.

“Georgia pump price average has managed to decrease across the state,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “If crude oil continues to decline, its possible gas prices will follow suit this week as more than 1.3 million Georgians prepare to hit the road for the 4th of July holiday weekend.”

National Average Decreases as Crude Prices Decline

Since last Monday, the national average for a gallon of regular gasoline has decreased by 8 cents to $4.90 (subject to change overnight). Last week the Energy Information Administration (EIA) did not release gasoline demand/supply and domestic oil inventory levels data due to “systems issues.” However, if gas demand continues its downward trend, it may contribute to pump prices decreasing this week.

At the close of last Wednesday’s formal trading session, WTI decreased by $3.33 to settle at $106.19. Crude prices dropped amid broad market concern regarding the potential for economic growth to slow or stall due to rising interest rates and inflation.

Regional Prices

Most expensive Georgia metro markets – Brunswick ($4.48), Atlanta ($4.47) and Athens ($4.42).

Least expensive Georgia metro markets – Albany ($4.13), Warner Robins ($4.18) and Valdosta ($4.25).  

Current and Past Price Averages (Regular Unleaded Gasoline) 

http://us.vocuspr.com/Publish/522440/vcsPRAsset_522440_105553_279a6033-181d-4f41-a971-72bcb183d553_0.jpgSundaySaturdayWeek AgoMonth AgoOne Year AgoPast Record High
National$4.90 $4.90 $4.98 $4.60  $3.09  $4.11   (7/17/2008)
Georgia$4.40 $4.41  $4.47  $4.13 $2.91 $4.16   (9/15/2008)
Click here to view current gasoline price averages
Current and Past Regular Unleaded Gasoline Price Averages

Money-Saving Tips for Drivers

  • Shop around for gas prices. Drivers can check area gas prices on the AAA Mobile App.
  • Consider paying in cash vs. credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Enroll in fuel savings programs.

Fuel-Saving Tips for Drivers

  • Maintain your vehicle to ensure optimal fuel economy. Find a trusted automotive facility at AAA.com/AutoRepair.
  • Combine errands to limit driving time.
  • Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph.
  • Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduces fuel economy.

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. 

Visit the AAA Georgia Newsroom

Twitter @AAAGeorgia

 About AAA – The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 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 62 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.