25 October 2021

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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 Motorists Continue To See Rise at the Pump

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ATLANTA, GA., (October 25, 2021) — Georgia gas prices continue to raise. Georgia motorists are now paying an average price of $3.24 per gallon for regular unleaded gasoline. Monday’s state average is 9 cents more than a week ago, 25 cents more than last month and $1.26 more than this time last year.

It now costs motorists $48.60 to fill a 15-gallon tank of gasoline; that is $11.70 more than what motorists paid in January of 2020 when pump prices hit their peak of $2.46 per gallon.

“Crude oil continues to remain elevated, and pump prices are following suit because crude oil accounts for more than half of the price of a gallon of gas.” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Regrettably, we can’t predict when Georgians will see relief at the pump.”

NATIONAL AVERAGE CONTINUES ASCENT AS CRUDE PRICES REMAIN ELEVATED

Since last Monday, the national average for a gallon of regular gasoline has increased by 7 cents to $3.38. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 5.4 million barrels to 217.7 million barrels last week. However, gasoline demand increased from 9.19 million barrels a day to 9.63 million barrels a day. With the US economy recovering from the depths of the pandemic, demand for gas has gone up, but supply is tight. Higher demand coupled with a decline in stocks, alongside elevated crude prices, has put upward market pressure on pump prices. Pump prices will likely rise as long as crude prices remain high — above $80 per barrel. 

REGIONAL PRICES

Atlanta- $3.24

Most expensive Georgia metro markets – Savannah ($3.30), Brunswick ($3.28), and Hinesville-Fort Stewart ($3.26).

Least expensive Georgia metro markets – Catoosa-Dade-Walker ($3.12), Dalton ($3.17), and Augusta-Aiken ($3.18). 

CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)                                                          

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

2020 Low

2020 High

Record High

National

$3.38 

$3.38  

$3.31  

$3.18 

$2.16 

$1.76 (April)

$2.59 (January)

$4.11   (7/17/2008)

Georgia

$3.24 

 $3.23

$3.15  

 $2.99 

$1.98 

$1.61 (May)

$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 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.