16 May 2022

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NEWS RELEASE

MEDIA CONTACT:

Montrae Waiters, AAA spokeswoman, The Auto Club Group
Cell (813) 244-0815- MWaiters@acg.aaa.com

 

AAA: Georgia Gas Price Average up 15 Cents

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ATLANTA, Ga., (May 16, 2022) — Georgia gas prices increased at the pump compared to a week ago. Georgia motorists are now paying an average price of $3.98 per gallon for regular unleaded gasoline. Monday’s state average is 15 cents more than a week ago, 27 cents more than last month and $1.01 more than this time last year.

It now costs motorists $59.70 to fill a 15-gallon tank of regular gasoline.

“Georgia statewide pump price average continues upward climb,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Unfortunately, crude oil prices remain above $105 a barrel, causing gas prices to rise higher this week.”

Volatile Crude Oil Prices Continue to Drive Gas Prices

Since last Monday, the national average for a gallon of regular gasoline has increased by 16 cents to $4.47. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 3.6 million barrels to 225 million barrels last week. At the close of last Wednesday’s formal trading session, WTI increased by $5.95 to settle at $105.71. The price of crude oil slid below $100 per barrel due to global market concern that crude demand will suffer as COVID lockdowns in China remain in place. However, crude prices reversed course because of growing market worries that Ukrainian and European Union actions against Russian oil-and-natural gas companies could spark retaliation by Russia, which lead to more market disruption and uncertainty.

Regional Prices

Atlanta- $3.98

Most expensive Georgia metro markets – Brunswick ($4.05), Valdosta ($4.03) and Savannah ($4.00).

Least expensive Georgia metro markets – Catoosa-Dade-Walker ($3.91), Rome ($3.92) and Gainesville ($3.94).  

Georgia Record High Regular Gasoline: $4.29 (3/11/22)

Current and Past Price Averages (Regular Unleaded Gasoline) 

http://us.vocuspr.com/Publish/522440/vcsPRAsset_522440_105553_279a6033-181d-4f41-a971-72bcb183d553_0.jpg

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

Past Record High

National

$4.47 

$4.45 

$4.31 

$4.07 

 $3.04  

$4.11   (7/17/2008)

Georgia

$3.98 

$3.97 

 $3.83  

$3.71 

$2.97 

$4.16   (9/15/2008)

Click here to view current gasoline price averages

Money-Saving Tips for Drivers

  • Shop around for gas prices. Drivers can check area gas prices on the AAA Mobile App.
  • Consider paying in cash vs. credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Enroll in fuel savings programs.

Fuel-Saving Tips for Drivers

  • Maintain your vehicle to ensure optimal fuel economy. Find a trusted automotive facility at AAA.com/AutoRepair.
  • Combine errands to limit driving time.
  • Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph.
  • Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduces fuel economy.

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. 

Visit the AAA Georgia Newsroom

Twitter @AAAGeorgia  

 About AAA - The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 62 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.