Georgia Gas Price Average Rolled Back

Staff Report From Georgia CEO

Tuesday, October 8th, 2024

The Georgia gas price average declined at the pumps compared to a week ago.  Georgians pay an average of $2.74 per gallon for regular unleaded gasoline (subject to change overnight). Monday's state average is 23 cents less than a week ago, 35 cents less than a month ago, and 44 cents less than last year. It costs drivers an average price of $41.10 to fill a 15-gallon tank of regular gasoline. Georgians are paying $5.25 less to fill up at the pump than a month ago.

“Even with rumblings of conflict and a storm brewing in the Gulf, prices at the pumps took a dip,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Meanwhile, OPEC+ announced intentions to bolster production come December 1st, hopefully, with this move and crude oil prices trending downward, Georgians will continue to feel financial ease at the pumps.”

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

Nationally:

Pump Prices Resume Falling

Since last Monday, the national average for a gallon of regular gasoline decreased by 4 cents to $3.17 (subject to change overnight). The devastation wrought by Hurricane Helene did little to impact gasoline supply, but it crushed demand in affected areas by destroying infrastructure and causing power outages.

According to new data from the Energy Information Administration (EIA), gas demand plummeted from 9.20 million barrels a day last week to 8.52. Meanwhile, total domestic gasoline stocks rose from 220.1 million barrels to 221.2, while gasoline production decreased last week, averaging 9.6 million barrels daily. Tepid gasoline demand and low oil costs will likely keep pump prices sliding.

Regional Prices:

Atlanta- $2.75

The most expensive Georgia metro markets – are Savannah ($2.83), Valdosta ($2.80), and Hinesville-Fort Stewart ($2.79).

The least expensive Georgia metro markets – are Rome ($2.65), Dalton ($2.56), and Catoosa-Dade-Walker ($2.53).

Current and Past Price Averages (Regular Unleaded Gasoline)

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

Record High

National

$3.17

$3.17

$3.21

$3.29

 $3.74  

$5.01 (6/14/2022)

Georgia

$2.74 

$2.77

 $2.97 

$3.09

$3.18

$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. 

Visit the AAA Georgia Newsroom

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