Gas Prices Down in Georgia Ahead of Thanksgiving Travel

November 20, 2023
1 min read
Gas Prices Down in Georgia Ahead of Thanksgiving Travel

🚗 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).

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