Gas Prices in Georgia Have Dropped 20 Cents Per Gallon in a Month

August 26, 2024
1 min read
Georgia drivers continue to benefit from declining gas prices, with the state average now standing at $3.15 per gallon for regular unleaded gasoline. This marks a 7-cent decrease from the previous week, a 20-cent drop from last month, and a significant 43-cent reduction from the same time last year. At these prices, it costs drivers an average of $47.25 to fill up a standard 15-gallon tank—$3.00 less than just a month ago.

Georgia drivers continue to benefit from declining gas prices, with the state average now standing at $3.15 per gallon for regular unleaded gasoline. This marks a 7-cent decrease from the previous week, a 20-cent drop from last month, and a significant 43-cent reduction from the same time last year. At these prices, it costs drivers an average of $47.25 to fill up a standard 15-gallon tank—$3.00 less than just a month ago.

Montrae Waiters, a spokeswoman for AAA said the benefits of lower crude oil costs have made filling up more affordable for Georgians. However, she cautioned that these prices could rise again due to the unpredictable nature of hurricane season and potential global events.

Regional Prices: The cost of gasoline varies across Georgia, with the most expensive metro areas being Savannah ($3.33), Hinesville-Fort Stewart ($3.26), and Atlanta ($3.25). On the other hand, Augusta-Aiken ($3.12), Dalton ($3.07), and Catoosa-Dade-Walker ($3.03) offer the lowest prices in the state.

National Context: Nationally, the average gas price has also declined, now at $3.35 per gallon—down 6 cents from last week. The Energy Information Administration reports a slight increase in gas demand and a decrease in gasoline stocks, but with steady supply and low oil costs, prices may continue to fall.

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In Context: These trends reflect a broader pattern of easing fuel costs across the country, providing some financial relief to drivers. However, the situation remains fluid, with potential price increases looming due to external factors like severe weather or international developments.

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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