Georgia gas prices continue to decline at the pump compared to a week ago. Georgia motorists are now paying an average price of $3.95 per gallon for regular unleaded gasoline. Monday’s state average was 19 cents less than a week ago, 45 cents more than last month and $1.23 more than this time last year.

It now costs motorists $59.25 to fill a 15-gallon tank of regular gasoline.

“Georgians continue to see savings at the pumps compared to a week ago,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “However, if oil prices continue to rise, gas prices will likely follow suit, possibly reversing course from the current downward trend.”

National Gas Price Decreases Slowing As Oil Prices Climb

Since last Monday, the national average for a gallon of regular gasoline has decreased by 1 cent to $4.24. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks fell by 3 million barrels to 238 million barrels last week. Gasoline demand also decreased from 8.94 million barrels a day to 8.63 million barrels a day.

At the close of last Wednesday’s formal trading session, WTI increased by $5.66 to settle at $114.93. Crude prices climbed after EIA’s weekly report revealed that total domestic crude stocks declined last week by 2.5 million barrels to 413.4 million barrels, approximately 18 percent lower than the level in mid-March 2021. The current inventory level highlights tightness in the market, contributing to rising prices.

Regional Prices

Most expensive Georgia metro markets – Atlanta ($4.03), Gainesville ($3.97) and Athens ($3.94).

Least expensive Georgia metro markets – Albany ($3.73), Warner Robins ($3.77) and Columbus ($3.78).

Area gas price averages – Chattooga ($3.75), Walker ($3.81), Floyd ($3.89), Gordon ($3.93), DeKalb, AL ($3.93), Cherokee, AL ($3.86)