(Media release from AAA – The Auto Club Group):
Georgia gas price average continues to decline at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.15 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 7 cents less than a week ago, 23 cents less than a month ago, and 34 cents less than this time last year. It now costs $47.25 to fill a 15-gallon tank of regular gasoline. Drivers are now paying at least $3.00 less to fill up at the pump compared to last month.
“The decline in gas prices is primarily being driven by a decrease in crude oil cost and slow demand,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “The cost for oil accounts for 55% of what we pay at the pump, therefore, higher or lower oil costs will dictate the price we pay for gas going forward.”
National Pump Price Average Drops
Since last Monday, the national average for a gallon of regular gasoline has decreased by 5 cents to $3.36 (subject to change overnight). The main reason is the crude oil price, which fell into the mid $70s per barrel, nearly $5 cheaper than a week ago. According to data from the Energy Information Administration (EIA), gas demand increased slightly from 8.27 million barrels a day to 8.91 million barrels a day. Meanwhile, total domestic gasoline stocks decreased by 1.8 million barrels to 240.1 million barrels last week. However, if gas demand keeps rising amid tightening domestic stocks, drivers may see an end to future pump price drops.
Most expensive Georgia metro markets – Hinesville-Fort Stewart ($3.31), Savannah ($3.28), and Macon ($3.20).
Least expensive Georgia metro markets – Albany ($3.08), Catoosa-Dade-Walker ($32.05), and Gainesville ($3.04).
Current and Past Price Averages (Regular Unleaded Gasoline)
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|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 Fuel Price Finder.
- Consider paying in cash vs. a 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 the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.
- 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 reduce fuel economy.
Traffic Safety Tip: AAA-The Auto Club Group “Move Over For Me” Campaign
“Drivers, if you see a disabled vehicle on the roadside while traveling, be courteous and Move Over,” said Waiters. “Remember the person who broke down could be you, a friend, a family member, a coworker, or a neighbor. Move Over for the safety of others and because it is the right thing to do!”
Video: Move Over For Me PSA
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.