AAA: Georgia Gas Price Average Continues Downward Trend

Staff Report From Georgia CEO

Wednesday, October 16th, 2024

The Georgia gas price average declined at the pumps compared to a week ago.  Georgians pay an average of $2.70 per gallon for regular unleaded gasoline (subject to change overnight). Monday's state average is 4 cents less than a week ago, 29 cents less than a month ago, and 39 cents less than last year. It costs drivers an average price of $40.50 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $5.00 less to fill up at the pump than a month ago.

“Hurricane Milton caused chaos on Florida shores; fortunately, pump prices continued their downward trend in Georgia,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “In the interim, crude oil prices increased due to the ongoing conflict in the Middle East.  Normally, this would cause gas prices to rise; however, because the dollar's strength has weighed on oil prices, the increase in gas prices was kept at bay.”

AAA encourages drivers to take advantage of the money-saving gas tips listed below.

Nationally:

Pump Prices Shifted Higher as Hurricane Milton Wreaked Havoc

Since last Monday, the national average for a gallon of regular gasoline increased by 2 cents to $3.20 (subject to change overnight). Like Hurricane Helene, Milton did not severely impact national gasoline supplies but did affect demand in areas with destroyed infrastructure, flooded roads, and power outages. Overseas, the tension between Iran and Israel continues, which is causing a slow wobbling in the price of oil but no steady upward movement.

According to new data from the Energy Information Administration (EIA), gas demand surged from 8.52 million barrels a day last week to 9.65. Meanwhile, total domestic gasoline stocks plunged from 221.2 million barrels to 214.9, while gasoline production increased last week, averaging 10.2 million barrels daily.

Regional Prices:

Atlanta- $2.69

The most expensive Georgia metro markets – are Savannah ($2.84), Hinesville-Fort Stewart ($2.82), and Brunswick ($2.78).

The least expensive Georgia metro markets – are Warner Robins ($2.65), Catoosa-Dade-Walker ($2.64), and Gainesville ($2.62).

Current and Past Price Averages (Regular Unleaded Gasoline)

Sunday Saturday Week Ago Month Ago One Year Ago Record High
National $3.20 $3.20 $3.17 $3.23  $3.62   $5.01 (6/14/2022)
Georgia $2.70  $2.71  $2.74  $2.99 $3.09 $4.49  (6/15/2022)
Click here to view current gasoline price averages

Money-Saving Tips for Drivers

  • Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.

  • Consider paying in cash vs. a credit card. Some retailers charge extra per gallon for customers with a credit card.

  • Enroll in fuel savings programs.

Fuel-Saving Tips for Drivers

  • Maintain your vehicle to ensure the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.

  • Combine errands to limit driving time.

  • Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph. Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduce fuel economy.

Traffic Safety Tip: AAA-The Auto Club Group “Move Over For Me” Campaign

“Drivers, if you see a disabled vehicle on the roadside while traveling, be courteous and Move Over,” said Waiters. “Remember, the person who broke down could be you, a friend, a family member, a coworker, or a neighbor. Move Over for the safety of others and because it is the right thing to do!”                    

VideoMove Over For Me PSA

Gas Price Survey Methodology

AAA updates fuel price averages daily at www.GasPrices.AAA.comEvery 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. 

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