AAA: Georgia Motorists Continue To Pay Higher Prices At The Pump
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AVERAGE PRICE PER GALLON
AAA: GEORGIA MOTORISTS CONTINUE TO PAY HIGHER PRICES AT THE PUMP
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ATLANTA, Ga., (September 23, 2019) — Georgia gas prices continue upward trend compared to a week ago. Georgia motorists are now paying an average price of $2.59 per gallon for regular unleaded. Monday’s state average is 17 cents more than a week ago, 15 cents more than this time last month, and 12 cents less than this time last year.
It now costs $38.85 to fill a 15-gallon tank of gasoline. That is $3.75 less than what motorists paid in May of 2018, when pump prices hit their 2018 peak of $2.84 per gallon.
“Rise in crude oil prices, a result of attacks on oil facilities in Saudi Arabia contributed to increase at the pump,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “However, the national average has held steady for two days, signaling that gas prices may be stabilizing in the coming week, which will be welcome relief for Georgia motorists.”
Pump Prices Stabilizing After Spiking
The national average price for regular unleaded gasoline is $2.66 per gallon, which is 9 cents more than a week ago, 6 cents less than a month ago, and 19 cents less than a year ago. For the week ending on September 13, demand dropped by 900,000 b/d from the previous week to 8.9 million b/d, according to new data from the Energy Information Administration (EIA). Additionally, total domestic stocks increased by 800,000 bbl to 229.7 million bbl. Typically, these market shifts would push pump prices down, but increased oil prices – a result of attacks on oil facilities in Saudi Arabia last week – have pushed pump prices up.
- Most expensive Georgia metro markets –Atlanta ($2.67), Gainesville ($2.63), and Athens ($2.62).
- Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.42), Dalton ($2.43) and Augusta-Aiken ($2.45).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.66||$2.66||$2.56||$2.60||$2.85||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Georgia||$2.59||$2.59||$2.42||$2.44||$2.71||$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 9.9 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.