Friday November 22nd, 2024 12:39AM

AAA: Georgia gas prices rise 4 cents in one week

By AccessWDUN Staff

Georgia gasoline prices are on the rise.  According to the weekly fuel price report from AAA-The Auto Club Group, Georgia motorists are now paying an average price of $2.97 per gallon for regular unleaded gasoline. Monday’s state average is four cents more than a week ago, seven cents more than last month and 96 cents more than this time last year.

Motorists are now paying $44.55 to fill a 15-gallon tank of gasoline; that is $7.65 more than what motorists paid in January of 2020 when pump prices hit their peak of $2.46 per gallon.

“Peak summer driving season is in full swing as Americans hit the road and gas prices are not backing down,” said Montrae Waiters, spokeswoman for AAA. “Georgians are paying, on average, nearly a dollar more a gallon than last summer to fill up at the pump.”

NATIONAL AVERAGE SEES A PENNY INCREASE AS GAS DEMAND DECLINES AND OIL PRICES REMAIN HIGH

Since Monday, the national average for a gallon of regular gasoline has increased by 2 cents to $3.16. In its latest weekly report, the Energy Information Administration (EIA) reported that gas demand decreased from an all-time high of 10.04 million barrels a day to 9.28 million barrels a day last week. The decrease, alongside a 1 million barrels increase in total domestic gasoline stocks to 236.5 million, has helped to slow pump price increases. However, with oil prices above $70 per barrel, pump prices will likely remain high (above $3 per gallon) throughout the busy summer driving season.

REGIONAL PRICES

  • Most expensive Georgia metro markets – Savannah ($3.03), Brunswick ($3.00), and Atlanta ($2.99).
  • Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.84), Warner-Robins ($2.89), and Rome ($2.90).  
  • Hall County's average gas price is $2.97. 
  • Associated Categories: Homepage, Local/State News, Local Business News
  • Associated Tags: AAA, Georgia gas prices, gas prices increase, weekly fuel price report, summer travel
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