AAA: Georgia Pump Prices Rise 4 Cents
Montrae Waiters, AAA spokeswoman, The Auto Club Group,
AVERAGE PRICE PER GALLON
$2.42 (+ 4¢)
AAA: GEORGIA PUMP PRICES RISE 4 CENTS
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ATLANTA, Ga., (September 16, 2019) — Georgia gas prices are up this week compared to a week ago. Georgia motorists are now paying an average price of $2.42 per gallon for regular unleaded. Monday’s state average is 4 cents more than a week ago, 7 cent less than this time last month, and 30 cents less than this time last year.
It now costs $36.30 to fill a 15-gallon tank of gasoline. That is $6.30 less than what motorists paid in May of 2018, when pump prices hit their 2018 peak of $2.84 per gallon.
“Gas prices last week saw volatility due to fluctuation with gasoline stocks,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “The fluctuation in stocks lead to slight increases at the pump this week, but only by a few cents.”
Gas Demand Rebounds and National Average Sees Slight Increase
In its latest petroleum status report, the Energy Information Administration (EIA) revealed that gas demand increased by 336,000 b/d to 9.8 million b/d. This latest rate is 158,000 b/d higher than the first week of September 2018, which is surprising as demand generally slows post-Labor Day. EIA’s data also showed that total domestic gasoline stocks fell by 700,000 bbl to 228.9 million bbl last week. Although demand rebounded to a level seen during a typical summer, cheap crude prices have helped to keep the national average mostly steady this week and 27 cents cheaper than a year ago. Since Monday, the national average for regular unleaded gasoline has increased by a penny to $2.57.
- Most expensive Georgia metro markets –Atlanta ($2.48), Gainesville ($2.46), and Hinesville-Fort Stewart ($2.44).
- Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.22), Warner Robins ($2.29) and Columbus ($2.30).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.57||$2.56||$2.56||$2.64||$2.85||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Georgia||$2.42||$2.42||$2.38||$2.49||$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.