Georgia gas prices continue to decline at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.25 per gallon for regular unleaded gasoline. Monday’s state average is 8 cents less than a week ago, 30 cents less than a month ago, and 28 cents more than this time last year.
It now costs $48.75 to fill a 15-gallon tank of regular gasoline. Drivers are now paying almost 5 dollars less to fill-up at the pump compared to a month ago.
“So far, the decrease in crude oil prices have had a noticeable impact at the pump. However, hurricane season is underway, and a storm has the potential to cause a disruption to oil and gas operations,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “If this happens, we could see an increase in gas prices.”
Crude Prices Continue to Fall, Pushing Pump Prices Lower
Since last Monday, the national average for a gallon of regular gasoline has decreased by 7 cents to $3.71 (subject to change overnight). According to data from the Energy Information Administration (EIA), gas demand increased slightly from 8.59 million barrels a day to 8.73 million barrels a day. Moreover, according to the EIA, total domestic gasoline stocks rose by 300,000 barrels to 214.8 million barrels. Although gasoline demand has increased slightly, lower oil prices have led to falling pump prices. If gasoline demand begins to subside, as it typically does post-Labor Day, pump prices will likely continue to decrease.
Regional Prices
Most expensive Georgia metro markets – Savannah ($3.36), Atlanta ($3.30) and Hinesville-Fort Stewart ($3.29).
Least expensive Georgia metro markets – Warner Robins ($3.04), Catoosa-Dade-Walker ($3.03) and Dalton ($2.98).
Current and Past Price Averages (Regular Unleaded Gasoline)
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | Record High | |
National | $3.78 | $3.79 | $3.85 | $4.13 | $3.18 | $5.01 (6/14/2022) |
Georgia | $3.33 | $3.34 | $3.38 | $3.69 | $2.98 | $4.49 (6/15/2022) |
Click here to view current gasoline price averages |
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