As fall settles in, Georgia residents are seeing the effects of falling gas prices alongside the changing leaves. The state average for a gallon of regular unleaded gasoline is now $2.94, reflecting a steady decrease over recent weeks. This price is 4 cents lower than last week, 26 cents lower than last month, and 40 cents lower than a year ago. For the average driver, this means filling up a 15-gallon tank costs around $44.10—almost $4 less than a month ago.
Why Gas Prices Are Dropping: Montrae Waiters, a spokeswoman for AAA attributed the price drops to low demand and a decrease in crude oil prices. “Gasoline prices are getting a bit nicer on our wallets, thanks to low demand and crude oil costs taking a tumble,” said Montrae Waiters, AAA Group spokeswoman. “As for guessing when those gas prices will reverse course. Well, that’s still anyone’s call.”
State and National Gas Trends: Across the U.S., gas prices have leveled off. The national average for regular gasoline sits at $3.21, with minor fluctuations reported. Demand for gasoline increased slightly last week, according to the Energy Information Administration, rising from 8.47 million barrels per day to 8.77 million. However, with oil costs still low, experts predict that prices at the pump could continue to slide.
Regional Gas Price Breakdown in Georgia: Gas prices vary across the state, with metro areas like Hinesville-Fort Stewart ($3.07), Savannah ($3.03), and Atlanta ($2.97) experiencing the highest prices. On the other hand, drivers in Rome ($2.84), Dalton ($2.80), and Catoosa-Dade-Walker ($2.73) are seeing the lowest prices.
⛽ 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.
