Gas Price Brief - August 20, 2018
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NEWS RELEASE MEDIA CONTACTS: Florida Georgia Tennessee |
U.S. AVERAGE PRICE (Per Gallon) |
GAS PRICES DRIFT LOWER
The national average declined 2 cents since last week
TAMPA, Fla. (August 20, 2018) — The average American is paying 50 cents more per gallon than they did this time last year. However, gas prices are declining across most of the United States. The national average on Sunday was $2.84 per gallon - a discount of 2 cents from the week before.
"Prices declined last week after crude inventories grew and gasoline supplies remained stable, despite strong demand," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Although demand was higher than the week before, it remains below most of July. Summer driving season is winding down, yet many Americans will take one final road trip during Labor Day weekend. The sudden jump in gasoline demand, could cause one final bump in prices at the pump."
| Average Summer Gas Prices | |||||
| 2014 | 2015 | 2016 | 2017 | Today | |
| National | $3.57 | $2.71 | $2.23 | $2.31 | $2.84 |
| Florida | $3.50 | $2.58 | $2.19 | $2.25 | $2.77 |
| Georgia | $3.48 | $2.57 | $2.11 | $2.18 | $2.72 |
| Tennessee | $3.35 | $2.45 | $2.03 | $2.08 | $2.61 |
Regional Gas Prices
Gas prices in Florida declined for the 9th consecutive day, Sunday. The state average of $2.77 per gallon is 4 cents less than a week ago and 1-cent less than a month ago. Florida motorists are still paying 52 cents more than this time last year.
Click here to view AAA's state and metro gas price averages
- The most expensive gas price averages in Florida are in Panama City ($2.86), West Palm Beach - Boca Raton ($2.86), and Crestview-Fort Walton Beach ($2.84)
- The least expensive gas price averages in Florida are in Fort Myers-Cape Coral ($2.69), Punta Gorda ($2.72), Orlando ($2.73)
Gas prices in Georgia declined for the 13th consecutive day, Sunday. The state average of $2.72 per gallon is 2 cents less than a week ago and 1-cent more than last month. Georgia motorists are paying nearly 50 cents more than last year.
Click here to view AAA's state and metro gas price averages
- The most expensive gas price averages in Georgia are in Atlanta ($2.78), Brunswick ($2.72), and Savannah ($2.71)
- The least expensive gas price averages in Georgia are in Augusta-Aiken ($2.58), Warner Robins ($2.60), and Catoosa-Dade-Walker ($2.60)
Gas prices in Tennessee declined for the 16th consecutive day, Sunday. The state average of $2.61 per gallon is 2 cents less than a week ago and 1-cent less than last month. Tennessee motorists are still paying 47 cents more than last year.
Click here to view AAA's state and metro gas price averages
- The most expensive gas price averages in Tennessee are in Jackson ($2.67), Nashville ($2.66), and Memphis ($2.64)
- The least expensive gas price averages in Tennessee are in Cleveland ($2.53), Chattanooga ($2.54), and Kingsport-Bristol ($2.55)
Gas Price Tools
- GasPrices.AAA.com - Daily national, state, and metro gas price averages
- AAA Mobile app - Free app that compares gas prices near you
- Gas Cost Calculator - Determine how much gasoline will cost on your next road trip
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
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Sunday | Saturday | Week Ago | Month Ago | One Year Ago | Highest Price on Record |
| National | $2.841 | $2.844 | $2.860 | $2.858 | $2.337 | $4.114 (7/17/2008) |
| Florida | $2.766 | $2.773 | $2.809 | $2.777 | $2.250 | $4.079 (7/17/2008) |
| Georgia | $2.723 | $2.730 | $2.756 | $2.716 | $2.214 | $4.164 (9/15/2008) |
| Tennessee | $2.610 | $2.612 | $2.633 | $2.621 | $2.142 | $4.118 (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.
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 9.5 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 58 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. AAA clubs can be visited on the Internet at AAA.com.