15 February 2021

NEWS RELEASE

MEDIA CONTACT:

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

GEORGIA
AVERAGE PRICE PER GALLON
$2.33 (+.05¢)

 

AAA: GEORGIA GAS PRICES TICKING UPWARD

GA gas feb 15.jpg

 

ATLANTA, GA., (February 15, 2021) — Georgia gas prices  increased at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.33 per gallon for regular unleaded gasoline. Monday’s state average is 5 cents more than a week ago, 12 cents more than last month, and 6 cents more than this time last year.

It now costs motorists $34.95 to fill a 15-gallon tank of gasoline; that is $1.95 less than what motorists paid in January of 2020, when pump prices hit their peak of $2.46 per gallon.

“Georgians can expect to continue paying more to fill up at the pump this month, contingent on how high crude goes,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “If demand grows, that will further fuel pump price increases.”

HIGHER CRUDE PRICES CONTINUE TO PUSH PUMP PRICES UP

Since Monday, the national average for a gallon of regular gasoline has increased by 4 cents to $2.50. Increasing pump prices have been supported by higher crude oil prices and gas demand, which grew slightly last week from 7.78 million barrels a day to 7.86 million barrels a day, according to new data from the Energy Information Administration (EIA). Pump prices continue to rise despite the overall sustained lower demand numbers and EIA’s latest report showing that total domestic gas stocks grew by 4.3 million barrels to 256.4 million barrels. Based on current trends, drivers will likely see pump prices continue to increase ahead of spring.

At the close of last Thursday’s formal trading session, WTI decreased by 44 cents to settle at $58.24. Although market concern regarding crude demand pushed prices lower today, crude prices have increased this week, reaching the highest daily settlement price since January 2020 on Wednesday at $58.68. The price increase occurred after EIA’s weekly report revealed that total domestic crude inventories decreased by 6.6 million barrels to 469 million barrels, while total refinery crude utilization increased slightly from 82.3% to 83% last week.  Crude and pump prices are likely to continue to move higher as crude inventories continue to drop and utilization increases.

REGIONAL PRICES

Atlanta ($2.32)

  • Most expensive Georgia metro markets – Hinesville-Fort Stewart ($2.41), Brunswick ($2.40), and Macon ($2.34).
  • Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.25), Rome ($2.29), and Gainesville ($2.30). 

 

CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)  

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

2020 Low

2020 High

Record High

National

$2.50 

$2.50

$2.46

$2.36

$2.43

$1.76 (April)

$2.59 (January)

$4.11   (7/17/2008)

Georgia

 $2.33

$2.32

$2.28

$2.21

$2.27

$1.61 (January)

$2.46 (January)

$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.

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 14 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 60 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.