(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 $4.40 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 7 cents less than a week ago, 27 cents more than last month, and $1.49 more than this time last year.
It now costs $66.00 to fill a 15-gallon tank of regular gasoline. Drivers are paying $22.35 more at the pump than last year.
“Georgia pump price average has managed to decrease across the state,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “If crude oil continues to decline, its possible gas prices will follow suit this week as more than 1.3 million Georgians prepare to hit the road for the 4th of July holiday weekend.”
National Average Decreases as Crude Prices Decline
Since last Monday, the national average for a gallon of regular gasoline has decreased by 8 cents to $4.90 (subject to change overnight). Last week the Energy Information Administration (EIA) did not release gasoline demand/supply and domestic oil inventory levels data due to “systems issues.” However, if gas demand continues its downward trend, it may contribute to pump prices decreasing this week.
At the close of last Wednesday’s formal trading session, WTI decreased by $3.33 to settle at $106.19. Crude prices dropped amid broad market concern regarding the potential for economic growth to slow or stall due to rising interest rates and inflation.
Most expensive Georgia metro markets – Brunswick ($4.48), Atlanta ($4.47) and Athens ($4.42).
Least expensive Georgia metro markets – Albany ($4.13), Warner Robins ($4.18) and Valdosta ($4.25).
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.