AAA: GA Gas Prices Rise 4 Cents
AAA: GAS PRICES RISE ON RENEWED OIL STRENGTH
ATLANTA, Ga., (January 14, 2018) — Gas prices are back on the rise, now that the oil market is regaining strength. Gas prices in Georgia rose 4 cents last week, after declining a total of 76 cents in 90 days. The average price in Georgia was $2.08 per gallon on Sunday. Click here to view today’s average price.
Regardless of the increase, Georgia drivers are still paying 34 cents per gallon less than this time last year, and 76 cents less than when prices hit their 2018 peak, around Memorial Day.
Click here to view AAA’s state and metro gas price averages
- Most expensive gas price averages: Hinesville-Fort Stewart ($2.19), Savannah ($2.13), Brunswick ($2.13)
- Least expensive gas price averages: Catoosa-Dade-Walker ($1.96), Rome ($1.96), Warner Robins ($1.96)
After plunging from $75/b to $43/b at the end of last year, crude prices are back above $50 per barrel; which raises the cost of producing gasoline.
"The new year has breathed new life back into the oil market," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Crude prices have slowly climbed since the beginning of the year, but remain well below the highs seen in 2018. The biggest increases came last week, after Saudi leaders pledged to do whatever it takes to rebalance the market. The recent shift in oil prices isn’t enough to cause sticker shock at the pump, but motorists could see an increase of anywhere from 5-10 cents as a result."
The daily price for WTI crude is up more than $6 since January 1. After trading above $53 per barrel last week, WTI settled at $51.59/b Friday on the NYMEX.
Gas Price Tools
- GasPrices.AAA.com - Daily national, state, and metro gas price averages
- AAA Mobile app - Free app that compares gas prices near you
- Gas Cost Calculator - Determine how much gasoline will cost on your next road trip
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.245||$2.245||$2.240||$2.399||$2.526||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Florida||$2.126||$2.126||$2.129||$2.311||$2.451||$2.92 (5/25/2018)||$4.08 (7/17/2008)|
|Georgia||$2.083||$2.076||$2.055||$2.198||$2.424||$2.84 (5/27/2018)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|
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.
About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.6 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.