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AAA: Georgia gas prices drop 5-cents in the past week

By AccessWDUN Staff
Posted 6:54AM on Monday 14th October 2019 ( 5 years ago )

Compared to a week ago, Georgia gas prices have declined again. Georgia motorists are now paying an average price of $2.45 per gallon for regular unleaded. Monday's state average is 5-cents less than a week ago, 4-cents more than this time last month, and 34-cents less than this time last year.

It now costs $36.75 to fill a 15-gallon tank of gasoline. That is $5.85 less than what motorists paid in May of 2018 when pump prices hit their peak of $2.84 per gallon.

"Gas prices have been trending lower for the past two weeks,” said Montrae Waiters, spokeswoman for AAA – The Auto Club Group. “If gasoline supply remains low – which currently sits at 7.4 million bbl lower than last year at this time  — amid robust demand, pump prices will likely continue to decline for the majority of motorists.”

PUMP PRICES MOSTLY HOLD STEADY AS STOCKS DECLINE

The national average price for regular unleaded gasoline is $2.63 per gallon, which is 2 cents less than a week ago, 6 cents more than a month ago, and 26 cents less than a year ago. Total domestic gasoline stocks decreased by 1.2 million bbl to 228.8 million bbl, according to the Energy Information Administration’s (EIA) latest weekly petroleum status report.

Regional Prices

http://accesswdun.com/article/2019/10/841421/aaa-georgia-gas-prices-drop-5-cents-in-the-past-week

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