AAA: Georgia Gas Prices Hold Steady At The Pump

Staff Report From Georgia CEO

Tuesday, November 12th, 2019

 Georgia gas prices continue to hold steady at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.43 per gallon for regular unleaded. Monday's state average is 4 cents less than a month ago, and 14 cents less than this time last year.

It now costs $36.45 to fill a 15-gallon tank of gasoline. That is $6.15 less than what motorists paid in May of 2018, when pump prices hit their peak of $2.84 per gallon.

"Georgia gas prices have been trending lower for the past two weeks,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “When it comes time to fill-up, motorists should keep in mind that gas stations along highly traveled routes may find prices more expensive than in-town.”

Falling Gas Stocks Push National Average Up

The national average price for regular unleaded gasoline is $2.62 per gallon, which is 2 cents more than last week, 2 cents less than a month ago, and 8 cents less than this time last year. New data from the Energy Information Administration (EIA) revealed that total domestic stocks of gasoline decreased for the sixth consecutive week. At 217.2 million barrels, the current stock level is 10.8 million barrels lower than last year’s level at this time. Reduced stock levels, amid robust demand, have helped to push the national gas price average higher this week.  

Regional Prices

Most expensive Georgia metro markets –Atlanta ($2.46), Savannah-Brunswick-Athens ($2.45), and Gainesville ($2.44).

Least expensive Georgia metro markets – Warner Robins ($2.31), Catoosa-Dade-Walker ($2.32) and Augusta-Aiken ($2.34).

   CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)

  Sunday Saturday Week Ago Month Ago One Year Ago 2018 High Record High
National $2.62 $2.62 $2.60 $2.64 $2.70 $2.97 (5/26/2018) $4.11   (7/17/2008)
Georgia $2.43 $2.43 $2.43 $2.47 $2.57 $2.84 (5/27/2018) $4.16   (9/15/2008)