13
August
2023
|
18:00 PM
America/Chicago

AAA: Georgia Gas Price Average Declining at a Snail's Pace

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NEWS RELEASE

MEDIA CONTACT:

Montrae Waiters, AAA spokeswoman

The Auto Club Group

Cell (813) 244-0815, MWaiters@acg.aaa.com

AAA: Georgia Gas Price Average Declining at a Snail's Pace

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ATLANTA, Ga., (August 14, 2023) — Georgia gas price average is finally on the decline at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.63 per gallon for regular unleaded gasoline (subject to change overnight).

Monday's state average is 3 cents less than a week ago, 35 cents more than a month ago, and 11 cents more than this time last year. It now costs almost $55.00 to fill a 15-gallon tank of regular gasoline. Drivers are paying almost $2.00 more to fill up at the pump compared to a year ago.

"Finally the recent spike in gas prices across Georgia has started to slow down over the past few days," said Montrae Waiters, AAA-The Auto Club Group spokeswoman. "The summer heat that suppressed refinery production appears to have eased for now, so we must look towards the cost of oil to determine if the recent price climb is ending, so stay tuned."

National Gas Price Average Increased Slightly

Since last Monday, the national average for a gallon of regular gasoline has only increased by 2 cents to $3.84 (subject to change overnight). Nationally, the gas price average has been hovering around $3.82 for almost two weeks, a noteworthy length for price stability. This lack of price movement came despite an uptick in gas demand and rising oil prices approaching the mid-$80s per barrel.

According to data from the Energy Information Administration (EIA), gas demand jumped from 8.84 to 9.30 million barrels a day last week. Meanwhile, total domestic gasoline stocks decreased from 219.1 to 216.4 million barrels. Higher demand, amid tighter supply, kept pump prices elevated. If gas demand remains high, and oil prices continue to rise, drivers should brace for increases in pump prices.

Regional Prices:

The most expensive Georgia metro markets – are Savannah ($3.68), Atlanta ($3.66), and Hinesville-Fort Stewart ($3.65).

The least expensive Georgia metro markets – are Warner Robins ($3.55), Rome ($3.54), and Catoosa-Dade-Walker ($3.52).

Current and Past Price Averages (Regular Unleaded Gasoline)

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

Record High

National

$3.84

$3.84

$3.82

$3.55

$3.96

$5.01 (6/14/2022)

Georgia

$3.63

$3.63

$3.66

$3.28

$3.52

$4.49 (6/15/2022)

Click here to view current gasoline price averages

Money-Saving Tips for Drivers

  • Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.
  • Consider paying in cash vs. a credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Enroll in fuel savings programs.

Fuel-Saving Tips for Drivers

  • Maintain your vehicle to ensure the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.
  • Combine errands to limit driving time.
  • Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph. Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduce fuel economy.

Traffic Safety Tip: AAA-The Auto Club Group "Move Over For Me" Campaign

"Drivers, if you see a disabled vehicle on the roadside while traveling, be courteous and Move Over," said Waiters. "Remember the person who broke down could be you, a friend, a family member, a coworker, or a neighbor. Move Over for the safety of others and because it is the right thing to do!"

Video: Move Over For Me PSA

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.

Visit the AAA Georgia Newsroom

Twitter @AAAGeorgia

About AAA - The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states, the province of Quebec, and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings, and more. ACG belongs to the National AAA Federation with more than 62 million members in the United States and Canada. AAA's mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter, and LinkedIn.