25
May
2020
|
23:00 PM
America/Chicago

 AAA: Georgia Pump Prices Increase 7 Cents

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
$1.73 (+ 7¢)

AAA: Georgia Pump Prices Increase 7 Cents

ATLANTA, GA., (May 25, 2020) — Georgia gas prices increased at the pump compared to a week ago. Georgia motorists are now paying an average price of $1.73 per gallon for regular unleaded gasoline. Monday's state average is 7 cents more than a week ago, 9 cents more than last month, and 89 cents less than this time last year.

It now costs motorists $25.95 to fill a 15-gallon tank of gasoline; that is $15.15 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.

"Georgia pump prices are experiencing a spike as more Georgians choose to travel during the holiday weekend," said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. "The boost in demand continues to push pump prices up around the country, as states re-open businesses."

National Average

Since last Monday, the national average for a gallon of regular gasoline has increased by 9 cents to $1.96. Pump prices have increased across the country as gas demand has trickled higher, more states reopen businesses and crude prices have increased. Despite the increases, the last time the national average was less than $2/gallon heading into a Memorial Day Weekend was in 2003. For gas demand, new data from the Energy Information Administration (EIA) revealed that it hit 6.8 million barrels per day last week, which is 2.6 million barrels per day lower than this time last year. Gas demand is expected to continue to grow, leading pump prices to continue their increase.

Regional Prices

  • Most expensive Georgia metro markets – Brunswick ($1.86), Savannah ($1.81) and Hinesville-Fort Stewart ($1.80).
  • Least expensive Georgia metro markets – Athens ($1.62), Atlanta ($1.69) and Rome ($1.70).

CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

2019 Low

2019 High

Record High

National

$1.96

$1.95

$1.87

$1.78

$2.84

$2.23 (January)

$2.90 (May)

$4.11 (7/17/2008)

Georgia

$1.73

$1.72

$1.66

$1.64

$2.62

$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.

If you would rather not receive future communications from -, let us know by clicking here.
-, - -, -, - - United States