22
December
2019
|
23:00 PM
America/Chicago

AAA: CHEAPER GAS PRICES EXPECTED FOR WINTER

AAA: Cheaper Gas Prices Expected For Winter

NEWS RELEASE

MEDIA CONTACT:

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

GEORGIA
AVERAGE PRICE PER GALLON
$2.38 (- 1¢)

AAA: CHEAPER GAS PRICES EXPECTED FOR WINTER

ATLANTA, Ga., (December 23, 2019) — Georgia gas prices are holding steady heading into the Christmas holiday. Georgia motorists are now paying an average price of $2.38 per gallon for regular unleaded gasoline. Monday's state average is 1 cent less than a week ago, 4 cents less than last month, and 24 cents more than this time last year.

It now costs $35.70 to fill a 15-gallon tank of gasoline. That is $6.90 less than what motorists paid in May of 2018, when pump prices hit their peak of $2.84 per gallon.

"As stocks continue to grow, while demand remains robust, pump prices across the nation are likely to hold steady or drop through the week," said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. "While that will offer savings to motorists, it is not as much as they saw last December. Gas prices are more expensive year-over-year in part due to higher crude prices this winter over last"

Gas Stocks Continue to Increase, Helping National Average Hold Steady

The national average price for regular unleaded gasoline is $2.54 per gallon, which is one cent less than last week, 5 cents less than a month ago, and 21 cents more than last year. Total domestic gasoline stocks increased for the sixth consecutive week, according to new data from the Energy Information Administration (EIA). Stocks increased by 2.5 million barrels last week, bringing the total to 237.3 million barrels. Last week's gas demand hit 9.411 million barrels -- up from last year's 9.243 million barrels at this time.

Regional Prices

  • Most expensive Georgia metro markets – Savannah ($2.45), Brunswick -Hinesville-Fort Stewart ($2.43), and Valdosta ($2.42).
  • Least expensive Georgia metro markets – Dalton ($2.29), Catoosa-Dade-Walker ($2.30), and Rome ($2.31).

CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)

Sunday Saturday Week Ago Month Ago One Year Ago 2018 High Record High
National $2.54 $2.55 $2.55 $2.59 $2.33 $2.97 (5/26/2018) $4.11 (7/17/2008)
Georgia $2.38 $2.38 $2.39 $2.42 $2.14 $2.84 (5/27/2018) $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

About The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.