31
May
2020
|
23:00 PM
America/Chicago

AAA: Georgia Pump Prices Continue to Rise

NEWS RELEASE

MEDIA CONTACT:


Montrae Waiters, AAA spokeswoman, The Auto Club Group
Cell (813) 244-0815
Mwaiters@acg.aaa.com

GEORGIA
AVERAGE PRICE PER GALLON
$1.75 (+ 2¢)

AAA: Georgia Pump Prices Continue to Rise

ATLANTA, GA., (June 1, 2020) — Georgia gas prices increased slightly at the pump compared to a week ago. Georgia motorists are now paying an average price of $1.75 per gallon for regular unleaded gasoline. Monday's state average is 2 cents more than a week ago, 13 cents more than last month, and 84 cents less than this time last year.

It now costs motorists $26.25 to fill a 15-gallon tank of gasoline; that is $14.85 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.

"Georgians have seen significantly cheaper-than-normal gas prices the past two months. However, those low prices, as well as, crude oil prices – have been pushing more expensive," said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. "While motorists will see pump prices continue to increase, AAA does not expect the summer average to be as expensive as last year's season."

National Average Holds Steady Post-Memorial Day

Since last Monday, the national average for a gallon of regular gasoline has held steady at $1.98, which is 2 cents higher than a week ago. According to new data from the Energy Information Administration (EIA), demand grew from 6.8 million barrels a day to 7.3 million barrels a day last week. The increase in demand was coupled with a 700,000 barrels decrease in total domestic stocks to 255 million barrels. The national average holding steady means that gas demand and supply are largely in sync, which will likely help to stabilize pump prices for motorists.

Regional Prices

  • Most expensive Georgia metro markets – Brunswick ($1.88), Valdosta ($1.85) and Savannah ($1.82).
  • Least expensive Georgia metro markets – Athens ($1.67), Rome ($1.69) and Atlanta ($1.71).

CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

2019 Low

2019 High

Record High

National

$1.98

$1.97

$1.96

$1.77

$2.82

$2.23 (January)

$2.90 (May)

$4.11 (7/17/2008)

Georgia

$1.75

$1.75

$1.73

$1.62

$2.59

$2.04 (January)

$2.74 (April)

$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.

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 14 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 60 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.