Georgia Gas Price Average Declines This Week
Tuesday, July 23rd, 2024
The Georgia gas price average decreased at the pumps compared to a week ago. Georgians are paying an average price of $3.34 per gallon for regular unleaded gasoline (subject to change overnight). Monday's state average is 5 cents less than a week ago,7 cents more than a month ago, and 1 cent less than this time last year. It costs drivers an average price of $50.10 to fill a 15-gallon tank of regular gasoline. Georgians are now paying 15 cents less to fill up at the pump compared to a year ago.
“The drop in gas prices over the weekend was a welcome relief to Georgians,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Crude oil prices, which play a key role in determining what consumers pay at the pump continue to fluctuate, and demand is down, which assists in lowering prices at the pumps. Unfortunately, we cannot predict if gas prices will rise again this week.”
AAA continues to encourage drivers to take advantage of the money-saving gas tips listed below.
Nationally:
Pump Prices Reflect the Summer Doldrums
Since last Monday, the national average for a gallon of regular gasoline has decreased by 2 cents to $3.50 (subject to change overnight). The likely cause is the terrible demand number for gasoline, as folks may be curtailing driving amid sizzling summer temperatures.
According to new data from the Energy Information Administration (EIA), gas demand plummeted from 9.39 million barrels a day to 8.78 last week. Meanwhile, total domestic gasoline stocks fell from 231.7 to 229.7 million barrels. Gasoline production took a slight ding, likely from Hurricane Beryl, dropping from an average of 10.3 million barrels daily to 9.5. Low gasoline demand and wobbly oil costs may lead to slowly lowering pump prices.
Regional Prices:
The most expensive Georgia metro markets – are Savannah ($3.40), Atlanta ($3.38), and Gainesville ($3.35).
The least expensive Georgia metro markets – are Warner Robins ($3.2), Dalton ($3.19), and Catoosa-Dade-Walker ($3.15).
Current and Past Price Averages (Regular Unleaded Gasoline)
|
Sunday |
Saturday |
Week Ago |
Month Ago |
One Year Ago |
Record High |
National |
$3.50 |
$3.50 |
$3.52 |
$3.45 |
$3.58 |
$5.01 (6/14/2022) |
Georgia |
$3.34 |
$3.35 |
$3.39 |
$3.27 |
$3.35 |
$4.49 (6/15/2022) |
Click here to view current gasoline price averages |
Money-Saving Tips for Drivers
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Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.
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Consider paying in cash vs. a credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
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Enroll in fuel savings programs.
Fuel-Saving Tips for Drivers
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Maintain your vehicle to ensure the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.
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Combine errands to limit driving time.
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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.
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