09
February
2020
|
23:00 PM
America/Chicago

AAA: GEORGIA PUMP PRICES CONTINUE TO DECREASE

AAA: Georgia Pump Prices Continue to Decrease

NEWS RELEASE

MEDIA CONTACT:

Montrae Waiters, AAA spokeswoman, The Auto Club Group
Cell (813) 244-0815, MWaiters@AAASouth.com

GEORGIA
AVERAGE PRICE PER GALLON
$2.26 (- 4¢)

AAA: GEORGIA PUMP PRICES CONTINUE TO DECREASE

ATLANTA, Ga., (February 10, 2020)Georgia gas prices declined at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.26 per gallon for regular unleaded gasoline. Monday's state average is 4 cents less than a week ago, 20 cent less than last month, and 13 cents more than this time last year.

It now costs $33.90 to fill a 15-gallon tank of gasoline; that is $7.20 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.

"Elevated stocks and low demand have helped to push the national average lower," said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. "As these trends continue, Georgia motorists will likely continue to see pump prices decline through the week."

Winter Pump Prices Continue to Fall

The national gas price average is $2.43, which is 4 cents cheaper than last week, 17 cents less than last month, and 15 cents more than a year ago. New data from the Energy Information Administration (EIA) has revealed that a high level of gasoline stocks and low demand continue to put downward pressure on pump prices across the country. For total domestic gasoline stocks, last week's level – 261.1 million barrels – is in line with the previous week's level. As a result, when compared to last year, total stocks are 3.3 million barrels higher this year. On the demand front, although EIA estimates that gas demand increased by 139,000 b/d to reach 8.93 million b/d last week, it is still lower than last year's 9.07 million b/d at this time.

Regional Prices:

Atlanta ($2.25)

  • Most expensive Georgia metro markets –Hinesville-Fort Stewart ($2.41), Brunswick ($2.38), and Savannah ($2.34).
  • Least expensive Georgia metro markets – Dalton ($2.14), Catoosa-Dade-Walker ($2.15), and Rome ($2.17).

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 $2.60 $2.28 $2.23 (January) $2.90 (May) $4.11 (7/17/2008)
Georgia $2.26 $2.27 $2.30 $2.46 $2.13 $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.