01
March
2020
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23:00 PM
America/Chicago

AAA: GEORGIA GAS PRICES DROP 5 CENTS AT THE PUMP

AAA: Georgia Gas Prices Drop 5 Cents At The Pump

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
$2.25 (-5¢)

AAA: GEORGIA GAS PRICES DROP 5 CENTS AT THE PUMP

https://us.vocuspr.com/Publish/522440/vcsPRAsset_522440_110479_cfaffc32-12cb-48a1-b111-da47175a10cf_0.jpg

ATLANTA, Ga., (March 2, 2020) — Georgia gas prices decreased 5 cents at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.25 per gallon for regular unleaded. Monday's state average is 5 cents less than a week ago, 5 cents less than this time last month, and 4 cents less than this time last year.

It now costs $33.75 to fill a 15-gallon tank of gasoline; that is $7.35 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.

"Gas prices are less expensive on the week across the South and Southeast states," said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. "Healthy stock levels and cheaper crude prices have alleviated pump price pains. However, the upcoming switchover to summer blend could break the downward trend in coming weeks; we are also watching the impact of the coronavirus and what it could do to gasoline demand"

National Gas Price Average Only One Cent More Expensive Year-Over-Year

Today's national average is $2.43, which is 4 cents cheaper than a week ago, 4 cents less than last month, and 1 cent more expensive than last year. Gas prices have not been cheaper year-over-year since before Thanksgiving last November. The ability to tap into robust U.S. gasoline stocks has contributed to price declines at the pump. Stocks dipped for a second week, by 2.7 million barrels, according to the Energy Information Administration's (EIA) latest report. Overall stock levels measure at 256.3 million barrels, which is comparable to this time last year. Demand jumped slightly above 9 million barrels a day.

Regional Prices

Atlanta ($2.25)

  • Most expensive Georgia metro markets –Hinesville-Fort Stewart ($2.37), Brunswick-Savannah ($2.34) and Macon ($2.30).
  • Least expensive Georgia metro markets – Dalton ($2.17), Catoosa-Dade-Walker ($2.19) and Gainesville ($2.20).

CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)

Sunday Saturday Week Ago Month Ago One Year Ago 2019 Low 2019 High Record High
National $2.43 $2.44 $2.47 $2.47 $2.42 $2.23 (January) $2.90 (May) $4.11 (7/17/2008)
Georgia $2.25 $2.26 $2.30 $2.30 $2.29 $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

About AAA - 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, banking, financial services, and travel offerings to over 13.5 million members across 13 U.S. states, the province of Quebec and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Carolina, North Dakota, Tennessee, Wisconsin, Puerto Rico, South Carolina 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 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.