The Georgia gas price average slowly declined at the pumps compared to a week ago. Georgians now pay an average price of $2.91 per gallon for regular unleaded gasoline, which can change overnight. Monday’s state average is 1 cent lower than a week ago, 4 cents lower than a month ago, and 49 cents lower than last year. It costs drivers an average of $43.65 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $8.00 less to fill up at the pump than a year ago.
“Crude oil prices, which play a key role in determining what consumers pay at the pump, remain low, which is why we did not see an increase in pump prices,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman.
Nationally:
Gas Prices Dip Slowly
Since last Monday, the national average price for a gallon of regular gasoline has decreased by 1 cent to $3.14, subject to change overnight. As the weather gets nicer and more people get out and about, an increase in demand could push prices up slightly this week. However, the national average remains well below what drivers were paying this time last year. That’s because crude oil is on the lower side at $62 a barrel compared to $82 a year ago.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.46 million barrels a day last week to 9.41. Total domestic gasoline supply decreased from 234.0 million barrels to 229.5 million barrels.
Oil Market Dynamics
At the close of last Wednesday’s formal trading session, WTI fell $1.40 to settle at $62.27 a barrel. The EIA reports that crude oil inventories increased by 0.2 million barrels from the previous week. At 443.1 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.
Electric:
Meanwhile, the national average per kilowatt-hour of electricity at a public EV charging station remained at 34 cents today. Drivers can find electric charging prices along their route using the AAA TripTik Travel Planner.
Regional Prices:
The most expensive metro markets in Georgia are Atlanta ($2.95), Athens ($2.94), and Valdosta ($2.93).
The least expensive metro markets in Georgia areRome ($2.81), Albany ($2.79), and Catoosa-Dade-Walker ($2.78).
Current and Past Price Averages (Regular Unleaded Gasoline)
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | Record High | |
National | $3.14 | $3.15 | $3.15 | $3.15 | $3.65 | $5.01 (6/14/2022) |
Georgia | $2.91 | $2.91 | $2.92 | $2.95 | $3.40 | $4.49 (6/15/2022) |
Click here to view current gasoline price averages |
AAA encourages drivers to use the money-saving gas tips listed below.
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 instead of using a credit card. Some retailers charge extra per gallon for customers who use 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 minimize driving time.
- Slow down. Fuel economy diminishes significantly at highway speeds above 50 miles per hour. Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding can 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 atwww.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.