03
July
2022
|
18:00 PM
America/Chicago

AAA: Georgia Gas Price Average down 8 Cents

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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 down 8 Cents

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ATLANTA, Ga., (July 4, 2022) — Georgia gas prices decreased at the pump compared to a week ago. Georgia drivers are now paying an average price of $4.32 per gallon for regular unleaded gasoline (subject to change overnight). Monday's state average is 8 cents less than a week ago, 10 cents more than last month, and $1.41 more than this time last year.

It now costs $64.80 to fill a 15-gallon tank of regular gasoline. Drivers are paying $21.15 more at the pump than last year.

"Georgia pump price average continues its downward trend across the state," said Montrae Waiters, AAA-The Auto Club Group spokeswoman. "Crude oil continues to decline and demand dropped, which has helped to lower gas prices."

Decreasing Gas Demand and Oil Prices Push Pump Prices Lower

Since last Monday, the national average for a gallon of regular gasoline has decreased by 9 cents to $4.81 (subject to change overnight). Due to the delayed release of the Energy Information Administration's (EIA) report on gasoline supply and demand last week, the federal agency released two weeks of data that showed gasoline demand decreased each week. Gas demand sits at 8.93 million barrels a day, which is lower than last year's rate of 9.11 million barrels a day at the end of June. On the other hand, total domestic gasoline stocks increased by 2.6 million barrels to 221.6 million barrels. These supply/demand dynamics and decreasing oil prices have pushed pump prices lower. As these trends continue, drivers will likely continue to see relief at the pump.

Regional Prices

Most expensive Georgia metro markets – Atlanta ($4.40), Brunswick ($4.38) and Athens ($4.36).

Least expensive Georgia metro markets – Albany ($4.13), Warner Robins ($4.18) and Valdosta ($4.25).

Current and Past Price Averages (Regular Unleaded Gasoline)

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Sunday

Saturday

Week Ago

Month Ago

One Year Ago

Past Record High

National

$4.90

$4.90

$4.98

$4.60

$3.09

$4.11 (7/17/2008)

Georgia

$4.32

$4.33

$4.40

$4.22

$2.91

$4.16 (9/15/2008)

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 AAA Mobile App.
  • Consider paying in cash vs. 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 optimal fuel economy. Find a trusted automotive facility at AAA.com/AutoRepair.
  • 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 reduces fuel economy.

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.