09 September 2019

    AAA: Georgia Pump Prices Decline Again
 

NEWS RELEASE

MEDIA CONTACT:


Montrae Waiters, AAA spokeswoman, The Auto Club Group,
cell (813) 244-0815, MWaiters@AAASouth.com

GEORGIA
AVERAGE PRICE PER GALLON
$2.38 (-2¢)

 

AAA: GEORGIA PUMP PRICES DECLINE AGAIN 

 

Visit the AAA Georgia Newsroom

ATLANTA, Ga., (September 9, 2019) — Georgia gas prices continue to decline. Georgia motorists are now paying an average price of $2.38 per gallon for regular unleaded. Monday’s state average is 2 cents less than a week ago, 17 cent less than this time last month, and 34 cents less than this time last year.

It now costs $35.70 to fill a 15-gallon tank of gasoline. That is $6.90 less than what motorists paid in May of 2018, when pump prices hit their 2018 peak of $2.84 per gallon.

"If crude inventories remain high, especially as gasoline demand drops with the fall driving season, Georgia pump prices could continue to decrease.,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “Less expensive gas prices will be a welcome relief to motorists.” 

Pump Prices Stabilize Post Labor Day

In its latest weekly petroleum report, the Energy Information Administration (EIA) revealed that total domestic gasoline stocks fell last week from 232 million bbl to 229.6 million bbl.  Additionally, gas demand fell 429,000 b/d to 9.47 million b/d. With the fall driving season on the horizon, lower demand -- even amid reduced stock levels – will likely help to push pump prices lower.

Regional Prices

  • Most expensive Georgia metro markets –Hinesville-Fort Stewart ($2.43), Atlanta-Savannah ($2.42), and Brunswick ($2.39).

  • Least expensive Georgia metro markets – Dalton ($2.19), Catoosa-Dade-Walker ($2.20), and Rome ($2.27).                                        

 CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)

Sunday Saturday Week Ago Month Ago One Year Ago 2018 High Record High
National $2.56 $2.56 $2.57 $2.68 $2.84 $2.97 (5/26/2018) $4.11   (7/17/2008)
Georgia $2.38 $2.38 $2.40 $2.55 $2.72 $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.