Georgia gas prices continues to decline at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.63 per gallon for regular unleaded gasoline (subject to change overnight). Monday's state average is 14 cents less than a week ago, 63 cents less than last month, and 66 cents more than this time last year. 

It now costs $54.45 to fill a 15-gallon tank of regular gasoline. Drivers are now paying an average of $9.00 more at the pump than last year.

“Crude prices fell last week as market concerns about weakening demand and an economic slowdown persisted,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Lower gas prices at the pump are a welcome relief to Georgians who are impacted by the rising cost of living.”

Declining Gas Demand and Crude Oil Prices Push National Average Down Again

Since last Monday, the national average for a gallon of regular gasoline has decreased by 16 cents to $4.06 (subject to change overnight). According to the Energy Information Administration (EIA), gas demand dropped from 9.25 million barrels a day to 8.54 million barrels a day last week. The rate is 1.24 million barrels a day lower than last year and is in line with demand at the end of July 2020, when COVID-19 restrictions were in place and fewer drivers hit the road. Moreover, according to EIA, total domestic gasoline stocks increased slightly by 200,000 barrels to 225.3 million barrels. If gas demand remains low and stocks continue to rise alongside falling crude prices, drivers will likely continue to see pump prices decrease. 

Regional Prices

Most expensive Georgia metro markets – Savannah ($3.74), Hinesville-Fort Stewart ($3.73) and Atlanta ($3.69).

Least expensive Georgia metro markets – Columbus ($3.50), Valdosta ($3.38) and Warner Robins ($3.36).