//Georgia average gas price drops to $3.03

Georgia average gas price drops to $3.03

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ATLANTA – Georgia gas prices have dropped at the pump with Georgia drivers paying $3.03 per gallon on average for regular unleaded gasoline.

Release:

Georgia gas price average dropped at the pump. Georgia drivers are now paying an average price of $3.03 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 3 cents less than a week ago, 16 cents more than a month ago, and 13 cents more than this time last year. It now costs an average of $45.45 to fill a 15-gallon tank of regular gasolineGeorgians are now paying $2.40 more to fill up at the pump compared to a month ago.

“Georgians felt some relief at the pumps this weekend,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Increasing supply and steady gasoline demand have contributed to pushing pump prices lower. As demand stays low and stocks grow, drivers will likely continue to see pump prices decrease this week.”

An Early Holiday Gift- Lower Gas Prices

Since last Monday, the national average for a gallon of regular gasoline has decreased by 9 cents to $3.15 (subject to change overnight). The main reason is a weaker cost for oil, which is struggling to stay above $70 per barrel.  The falling price comes just a week after OPEC+ announced voluntary production cuts of about 2 million barrels daily.  But instead of viewing it as coal in the stocking, the oil market response has thus far been a resounding “meh.”

According to data from the Energy Information Administration (EIA), gas demand increased slightly from 8.21 to 8.47 million barrels a day last week. Meanwhile, total domestic gasoline stocks increased significantly by 5.4 million barrels to 223.6 million barrels. Despite low gas demand, supply growth has helped push pump prices lower. If oil prices remain low, drivers can expect pump prices to do the same during the holiday season. 

Regional Prices:

The most expensive Georgia metro markets – are Savannah ($3.11), Atlanta ($3.08), and Hinesville-Fort Stewart ($3.05).

The least expensive Georgia metro markets – are Warner Robins ($2.88), Albany ($2.87), and Catoosa-Dade-Walker ($2.83).

Current and Past Price Averages (Regular Unleaded Gasoline) 

SundaySaturdayWeek AgoMonth AgoOne Year AgoRecord High
National$3.15 $3.16$3.24 $3.39  $3.29  $5.01 (6/14/2022)
Georgia$3.03 $3.03  $3.06  $2.87$2.90$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!”

VideoMove Over For Me PSA

Gas Price Survey Methodology

AAA updates fuel price averages daily atwww.GasPrices.AAA.comEvery 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. 

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.