Georgia gas prices continue to decline at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.41 per gallon for regular unleaded. Monday’s state average was 2 cents less than a week ago, 3 cents less than last month, and 7 cents less than this time last year.
It now costs $36.15 to fill a 15-gallon tank of gasoline. That is $6.45 less than what motorists paid in May of 2018, when pump prices hit their peak of $2.84 per gallon.
“Growth in stock levels amid robust demand, has helped to push pump prices down,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “If this trend continues, motorists might see lower gas prices later this month, which will be a welcome relief for Thanksgiving travelers.”
Growing Gas Stocks Help Push National Average Down
The national average price for regular unleaded gasoline is $2.60 per gallon, which is 2 cents less than a week ago, 5 cents less than a month ago, and 3 cents less than this time last year. According to newly released data from the Energy Information Administration (EIA), total domestic stocks of gasoline grew by 1.9 million barrels last week, bringing the current stock level to 219.1 million barrels. This is 7.5 million barrels lower than last year at this time.
- Most expensive Georgia metro markets –Atlanta-Savannah ($2.44), Hinesville-Fort Stewart ($2.42), and Brunswick ($2.41).
- Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.30), Augusta-Aiken ($2.32) and Rome ($2.33).
- Area gas prices – Chattooga ($2.30), Walker ($2.31), Floyd ($2.33), Gordon ($2.35), DeKalb, AL ($2.26), Cherokee, AL ($2.20)