Georgia Gas Prices Drop as New Year Begins

January 1, 2024
1 min read
Georgia Gas Prices Drop as New Year Begins

📉 The Gist: Gas prices have dropped just below the $3 per gallon mark in Georgia, with regular unleaded gasoline at $2.99 per gallon. The slight drop marks a 2 cent decrease from last week.

🔍 The Details:

  • The state average of $2.99 is 20 cents higher than a month ago and 24 cents more than the same period last year.
  • A 15-gallon tank now costs about $44.85 to fill, almost $4.00 more than last year.
  • The national average has dropped slightly to $3.11 per gallon.
  • AAA-The Auto Club Group’s spokesperson, Montrae Waiters, notes that as long as oil prices stay low, gas prices should follow, but warns of potential fluctuations due to seasonal trends.

📊 By The Numbers:

  • Atlanta’s average: $2.99
  • Most expensive areas: Savannah ($3.12), Hinesville-Fort Stewart ($3.05), Brunswick ($3.03)
  • Least expensive areas: Warner Robins ($2.90), Dalton ($2.89), Catoosa-Dade-Walker ($2.85)

🌐 In Context:

  • Comparing current prices to last year, there’s a noticeable increase.
  • Record highs were observed in mid-2022, with national prices peaking at $5.01 and Georgia at $4.49.

🔮 What’s Next?: Gas prices are expected to continue this downward trend, but may be influenced by seasonal changes and global oil market dynamics.

About Gas Prices: Gas prices can change a frequently, and there are many reasons why. It isn’t as simple as most people think. The biggest reason is the cost of crude oil, which can go up or down based on both world events and how much people want it. There are also costs to make the oil into gas and get it to gas stations. Different locations have different types of gas, and that can also change the price. Taxes also add to the cost. Sometimes, bad weather or problems at oil refineries can make prices go up or down quickly. Also, if the U.S. dollar is strong or weak, that can affect the price. All these things together give us the final price we see when we fill up our tanks.

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