(Media release from AAA – The Auto Club Group):
Georgia gas prices decreased at the pump compared to a week ago. Georgia motorists are now paying an average price of $4.47 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 1 cent less than a week ago, 34 cents more than last month, and $1.58 more than this time last year.
It now costs motorists $67.05 to fill a 15-gallon tank of regular gasoline. Paying nearly $24.00 more at the pump than last year.
“Georgia statewide pump price averages have managed to hold steady for the past few days,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Unfortunately, we can’t predict if gas prices will decline this week, but should be prepared to deal with price fluctuations at the pump for the rest of the summer.”
Prices at the Pump Ease as Gasoline Demand Dips
Since last Monday, the national average for a gallon of regular gasoline has decreased by 3 cents to $4.98 (subject to change overnight). According to information from the Energy Information Administration (EIA), total domestic gasoline stocks fell by 700,000 barrels to 217.5 million barrels last week. Meanwhile, gasoline demand declined slightly from 9.2 million barrels a day to 9.09 million barrels a day. The slight drop in gas demand has helped to limit pump price increases. However, as crude oil prices remain volatile, the price per gallon for gasoline will likely remain elevated.
At the close of last Wednesday’s formal trading session, West Texas Intermediate (WTI) decreased by $3.62 to settle at $115.31. Slower than expected economic growth could cause crude demand to decline, leading prices to follow suit.
Most expensive Georgia metro markets – Brunswick ($4.55), Atlanta ($4.52) and Savannah ($4.48).
Least expensive Georgia metro markets – Catoosa-Dade-Walker ($4.31), Warner Robins ($4.33) and Albany ($4.34).
Current and Past Price Averages (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||Past Record High|
|Click here to view current gasoline price averages|
Money-Saving Tips for Drivers
- Shop around for gas prices. Drivers can check area gas prices on the AAA Mobile App.
- Consider paying in cash vs. credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
- Enroll in fuel savings programs.
Fuel-Saving Tips for Drivers
- Maintain your vehicle to ensure optimal fuel economy. Find a trusted automotive facility at AAA.com/AutoRepair.
- Combine errands to limit driving time.
- Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph.
- Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduces fuel economy.
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.