ATLANTA – Gas prices continue to decline at the pump compared to a week ago with Georgia drivers paying $2.96 per gallon for gas.
Release:
Georgia gas price average continues to drop at the pump compared to a week ago. Georgia drivers are now paying an average price of $2.96 per gallon for regular unleaded gasoline (subject to change overnight).
Monday’s state average is 5 cents less than a week ago, 30 cents less than a month ago, and 20 cents less than this time last year. It now costs an average of $44.40 to fill a 15-gallon tank of regular gasoline. Georgians are paying $13.00 less to fill up at the pump compared to a month ago.
“Currently, Georgia, Mississippi, and Texas have the lowest gas price averages in the U.S.,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Georgian’s reprieve at the pump persists due to Governor Kemp’s gas tax suspension and low demand. However, fears that the volatility in the Middle East could spread in the region, may cause gas prices to rise in the global oil markets.”
Global Tensions Keep Falling Gas Prices From Gaining Momentum
Since last Monday, the national average for a gallon of regular gasoline decreased by 6 cents to $3.49 (subject to change overnight). Despite slackening demand, the pace of falling gas prices is being held up by the cost of oil, which is hovering in the mid-$80s per barrel. According to data from the Energy Information Administration (EIA), gas demand decreased from 8.94 to 8.86 million barrels a day last week. On the other hand, total domestic gasoline stocks increased slightly to 223.5 million barrels. Lower gas demand, alongside declining oil prices, has contributed to pushing pump prices down. If oil prices continue to descend, drivers can expect further price drops at the pump in the weeks ahead.
Regional Prices:
The most expensive Georgia metro markets – are Savannah ($3.11), Hinesville-Fort Stewart ($3.02), and Atlanta ($3.01).
The least expensive Georgia metro markets – are Athens ($2.82), Albany ($2.81), and Warner Robins ($2.80).
Current and Past Price Averages (Regular Unleaded Gasoline)
Sunday Saturday Week Ago Month Ago One Year Ago Record High National $3.49 $3.50 $3.55 $3.83 $3.76 $5.01 (6/14/2022) Georgia $2.96 $2.97 $3.01 $3.26 $3.16 $4.49 (6/15/2022) Click here to view current gasoline price averages
Money-Saving Tips for Drivers
- Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.
- Consider paying in cash vs. a 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 the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.
- 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 reduce fuel economy.
Traffic Safety Tip: AAA-The Auto Club Group “Move Over For Me” Campaign
“Drivers, if you see a disabled vehicle on the roadside while traveling, be courteous and Move Over,” said Waiters. “Remember the person who broke down could be you, a friend, a family member, a coworker, or a neighbor. Move Over for the safety of others and because it is the right thing to do!”
Video: Move Over For Me PSA
Gas Price Survey Methodology
AAA updates fuel price averages daily atwww.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 64 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.
