Georgia gas prices declined at the pump compared to a week ago. Georgia drivers are now paying an average of $2.64 per gallon for regular unleaded-- 4 cents less than a week ago and 14 cents less than this time last year. Motorists are paying an average of $39.60 for a full 15-gallon tank of gasoline; a discount of $3 from when prices were their highest last May.
However, Savannah and the Hinesville/Fort Stewart areas are among the most expensive in the state.
“The drop in gasoline prices could be a result of recent unpredictable weather in the Rockies and the Midwest,” said Montrae Waiters, spokesperson, AAA – The Auto Club Group. “However, with summer on the horizon, motorists should not be surprised if pump prices increase during the run-up to Memorial Day.”
The national average price for regular unleaded gasoline is $2.859 per gallon, which is two cents less than last week, two cents more than a month ago, and six cents less than a year ago. The Energy Information Administration’s latest demand reading for gasoline dropped to 9.1 million b/d, a level typically seen in the fall or winter. The drop is approximately 800,000 b/d lower than the previous week and 400,000 b/d lower than this time last year. In fact, a reading this low hasn’t been seen for early May since 2015.
Regional Prices
- Most expensive metro markets – Atlanta ($2.69), Hinesville- Fort Stewart- Savannah ($2.67).
- Least expensive metro markets – Catoosa-Dade- Walker ($2.47).