AAA: Georgia Pump Prices Rise 7 Cents
AVERAGE PRICE PER GALLON
AAA: GEORGIA PUMP PRICES RISE 7 CENTS
ATLANTA, GA., (July 15, 2019) — Georgia gas prices are up this week compared to a week ago. Georgia motorists are now paying an average price of $2.67 per gallon for regular unleaded gasoline. Monday’s state average is 7 cents more than a week ago, 19 cents more than this time last month, and 5 cents less than this time last year.
It now costs $40.05 to fill a 15-gallon tank of gasoline. That is $2.55 less than what motorists paid last May, when pump prices hit their 2018 peak of $2.84 per gallon.
"Georgia gas prices continue upward trend,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “If stocks continue to decrease as demand remains robust, pump prices will likely continue to rise throughout the week.”
Gas Stocks Tighten As Demand Climbs, Pushing Pump Prices Up
Growing demand and shrinking gas stocks are contributing to pump price increases seen since the Fourth of July, according to new data released by the Energy Information Administration (EIA). For the week ending on July 5, EIA’s data revealed that total domestic stocks fell by 1.4 million bbl to 229.2 million bbl. The current level is 10 million bbl lower than where it was at this point in 2018. Demand grew to 9.8 million bbl from the previous week’s 9.5 million bbl, which is in line with the rate in early July 2018.
- Georgia most expensive metro markets –Atlanta ($2.74), Gainesville ($2.69), Hinesville- Fort Stewart ($2.64), and Macon ($2.63).
- Georgia least expensive metro markets – Warner Robbins ($2.54), Catoosa-Dade-Walker ($2.52) and Columbus ($2.50).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.78||$2.78||$2.75||$2.70||$2.87||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Georgia||$2.67||$2.67||$2.60||$2.48||$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.