🚗 The Gist: Gas prices in Georgia are on a steady decline, offering relief to drivers as Thanksgiving nears. The average cost for regular unleaded gasoline is now $2.82 per gallon, showing significant drops from last week, last month, and last year.
📉 The Details:
- Georgia’s average gas price has fallen 3 cents in a week, 21 cents in a month, and 30 cents compared to last year.
- Filling a 15-gallon tank now costs around $42.30, saving Georgians $4.50 compared to 2022.
- Montrae Waiters of AAA credits the reduction to Governor Kemp’s extension of the gas tax suspension and lower crude oil prices.
- Nationally, the average gas price is also down, currently at $3.31 per gallon.
🌍 In Context:
- The Energy Information Administration reports a decrease in gas demand and a drop in domestic gasoline stocks.
- This trend, combined with declining oil prices, is pushing pump prices lower.
- If these conditions persist, further reductions in gas prices are expected.
💡 Why It Matters: This decrease in gas prices is significant for Georgia residents, especially considering the high costs associated with holiday travel and food. It provides some financial relief during a traditionally expensive time of year.
📊 Regional Prices:
- Highest: Savannah ($2.93), Atlanta ($2.86), Hinesville-Fort Stewart ($2.83).
- Lowest: Rome ($2.72), Catoosa-Dade-Walker ($2.68), Warner Robins ($2.65).