AAA: Georgia's Pump Prices Continue to Drop
Wednesday, October 30th, 2019
Georgia gas prices dropped another 3 cents at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.40 per gallon for regular unleaded. Monday's state average is 3 cents less than a week ago, 16 cents less than this time last month, and 30 cents less than this time last year.
It now costs $36.00 to fill a 15-gallon tank of gasoline. That is $6.60 less than what motorists paid in May of 2018, when pump prices hit their peak of $2.84 per gallon.
"Less expensive gas prices are a welcome relief to Georgia motorists,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “Although stocks have tightened, amid robust demand — which grew by 250,000 barrels last week to 9.6 million barrels— low crude prices have helped to push down pump prices. The trend is likely to continue pushing pump prices lower this week.”
National Average Falls Alongside Gasoline Stocks
The national average price for regular unleaded gasoline is $2.60 per gallon, which is 4 cents less than a week ago, 5 cents less than a month ago, and 22 cents less than a year ago. Total domestic gasoline stocks continue to decline, according to new data from the Energy Information Administration.
Most expensive Georgia metro markets – Hinesville-Fort Stewart ($2.45), Savannah ($2.43), and Atlanta ($2.42).
Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.28), Dalton-Rome ($2.30) and Albany ($2.32).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.60||$2.60||$2.64||$2.65||$2.82||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Georgia||$2.40||$2.40||$2.43||$2.56||$2.70||$2.84 (5/27/2018)||$4.16 (9/15/2008)|