The average gas price in Georgia is decreasing, now at $2. 92 per gallon for regular unleaded gasoline. This price is 6 cents lower than last week, 2 cents higher than a month ago, and 51 cents lower than last year. Filling a 15-gallon tank costs drivers about $43. 80, which is nearly $8. 00 less than a year ago.

Montrae Waiters, a spokesperson for AAA, mentioned that falling oil prices are likely due to economic uncertainty and concerns about a potential recession. This decrease in crude oil prices has led to lower demand, and if the trend continues, pump prices could keep dropping as summer approaches.

Nationally, the average price for a gallon of regular gasoline has also dropped by 3 cents to $3. 15, influenced by soft demand and lower crude prices. Slightly increased gasoline demand was noted, rising from 8. 42 to 8. 46 million barrels a day, while total domestic gasoline supply fell from 236. 0 million barrels to 234. 0 million barrels. Gasoline production averaged 9. 4 million barrels per day.

In the oil market, West Texas Intermediate (WTI) crude settled at $62. 47 a barrel, with crude oil inventories up by 0. 5 million barrels, now at 442. 9 million barrels, which is about 6% below the five-year average for this time of year.

The most expensive metro markets in Georgia are Athens-Atlanta ($2.97), Savannah ($2.96), and Macon ($2.92).

The least expensive metro markets in Georgia are Dalton ($2.80), Augusta-Aiken ($2.77), and Catoosa-Dade-Walker ($2.76).

Area gas price averages – Chattooga ($2.88), Walker ($2.80), Floyd ($2.81), Gordon ($2.86), DeKalb, AL ($2.80), Cherokee, AL ($2.80).