Memorial Day Gas Prices Lowest in 12 Years

Tuesday, May 30th, 2017

Georgia gas prices averaged $2.23 on Memorial Day. The state average on Monday was 4 cents less than last year's holiday and the lowest Memorial Day gas price since 2005 ($1.97), according to AAA, whose data is collected from credit card swipes and direct feeds from 120,000 gas stations nationwide, in cooperation with OPIS and Wright Express. 

Georgia has the 13th-lowest state average in the country. Monday's state average was 4 cents more than a week ago. The daily average declined on both Sunday and Monday by fractions of a penny.

Gas prices reached their lowest point of the year on March 27 ($2.16). The highest state average this year was $2.29 on April 14. 

The national average price for a gallon of regular unleaded gasoline will average $2.40 this summer, according to the EIA. Georgia gas prices would average $2.23 this summer, based on the 17 cent difference between Monday's national and state average. Last year, Georgia gas prices averaged $2.11 from June 1 to August 31. 

  • The most expensive gas price averages in Georgia are in Atlanta ($2.27), Savannah ($2.23), and Columbus ($2.19)
  • The least expensive gas price averages in Georgia are in Augusta-Aiken ($2.10), Macon ($2.15), and Albany ($2.16)

"Oil prices declined last week, allowing gas prices to stabilize in time for one of the most-traveled Memorial Day holidays in 12 years," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "This summer, gas prices should stay within 10-20 cents of their current levels. However, retail prices could surge if there are unexpected refinery outages or if a hurricane impacts supply and demand."

Gas Price Tools for Reporters/Consumers

  • GasPrices.AAA.com - Daily national, state, and metro gas price averages. 
  • AAA Mobile app - Free app that shows current prices at a gas station near you. 


                               CURRENT AND PAST PRICE AVERAGES

                                                    Regular Unleaded Gasoline

Monday Sunday Week Ago Month Ago One Year Ago Highest Price on Record
National $2.371 $2.371 $2.358 $2.392 $2.322 $4.114 (7/17/2008)
Florida $2.305 $2.307 $2.303 $2.425 $2.252 $4.079 (7/17/2008)
Tampa $2.225 $2.230 $2.234 $2.412 $2.145 $4.009 (7/16/2008)
Georgia $2.227 $2.228 $2.192 $2.262 $2.266 $4.164 (9/15/2008)
Tennessee $2.114 $2.114 $2.095 $2.155 $2.158 $4.118 (9/15/2008)
Click here to view current gasoline price averages