AAA: Georgia Pump Prices Decline Again
Wednesday, September 11th, 2019
Georgia gas prices continue to decline. Georgia motorists are now paying an average price of $2.38 per gallon for regular unleaded. Monday's state average is 2 cents less than a week ago, 17 cent less than this time last month, and 34 cents less than this time last year.
It now costs $35.70 to fill a 15-gallon tank of gasoline. That is $6.90 less than what motorists paid in May of 2018, when pump prices hit their 2018 peak of $2.84 per gallon.
"If crude inventories remain high, especially as gasoline demand drops with the fall driving season, Georgia pump prices could continue to decrease.,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “Less expensive gas prices will be a welcome relief to motorists.”
Pump Prices Stabilize Post Labor Day
In its latest weekly petroleum report, the Energy Information Administration (EIA) revealed that total domestic gasoline stocks fell last week from 232 million bbl to 229.6 million bbl. Additionally, gas demand fell 429,000 b/d to 9.47 million b/d. With the fall driving season on the horizon, lower demand -- even amid reduced stock levels – will likely help to push pump prices lower.
Most expensive Georgia metro markets –Hinesville-Fort Stewart ($2.43), Atlanta-Savannah ($2.42), and Brunswick ($2.39).
Least expensive Georgia metro markets – Dalton ($2.19), Catoosa-Dade-Walker ($2.20), and Rome ($2.27).