Georgia gas prices continue to increase at the pump compared to a week ago.
Georgia motorists are now paying an average price of $3.33 per gallon for regular unleaded gasoline. Monday’s state average is 9 cents more than a week ago, 22 cents more than last month, and $1.01 more than this time last year.
It costs motorists $49.95 to fill a 15-gallon tank of gasoline.
“Crude oil prices set new 2022 highs on Friday, amid concerns over how a potential Russian invasion of Ukraine could result in sanctions on Russian oil which could make the oil market even tighter than it currently is,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Georgians can expect pump prices to remain high for a while.”
National Average Rises as Crude Prices Reach Higher
Since Monday, the national average for a gallon of regular gasoline has increased by 5 cents to $3.48. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 1.6 million barrels to 248.4 million barrels last week.
On the other hand, gasoline demand increased from 8.23 million barrels a day to 9.13 million barrels a day. A decrease in total stocks and an increase in demand have contributed to upward pressure on pump prices, but rising crude prices continue to play a dominant role in pushing pump prices higher. Pump prices will likely continue to follow suit as demand grows and stocks decrease if crude prices continue to climb.
Most expensive Georgia metro markets – Brunswick ($3.44), Hinesville-Fort Stewart ($3.43), and Savannah ($3.42).
Least expensive Georgia metro markets – Catoosa-Dade-Walker ($3.24), Dalton ($3.27), and Gainesville ($3.29).
Current and Past Price Averages (Regular Unleaded Gasoline)
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|Click here to view current gasoline price averages|
AAA tips for saving money on gas:
- Combine several errands into one trip to drive fewer miles.
- Take things out of your car that might add weight.
- Remove things like bike racks to reduce wind resistance.
- Avoid fast takeoffs and fast breaking.
- Shop around for gas, use the AAA app to find prices.
- Look for local discounts.
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.