The crisp autumn air isn’t the only thing bringing a sense of relief to Georgians; the cost of filling up their vehicles is also seeing a welcome decrease. State average gas prices for regular unleaded gasoline have dipped to an average of $2.87 per gallon, continuing a downward trend that mirrors the falling leaves of the season.
This latest drop marks a significant shift for drivers. The current state average is 3 cents lower than it was just a week ago, 4 cents lower than the previous month, and a substantial 10 cents less than this time last year. For those filling up a standard 15-gallon tank of regular gasoline, the average cost now stands at $43.05 – nearly $2.00 less than drivers were paying at the pump a year ago.
“Georgia drivers are seeing welcome relief at the pump as cooler weather, cheaper winter blend fuel, and strong supply across the Southeast combine to push prices lower,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. Waiters attributed the declining prices to a combination of seasonal factors and robust fuel availability in the region.
The national average gas price has also experienced a downward trajectory, falling by 5 cents since last Monday to settle at $3.13 per gallon. This nationwide trend is largely driven by the transition to cheaper winter-blend gasoline. While the Pacific Northwest is seeing some relief as a pipeline issue has been resolved, concerns remain about potential impacts on refineries from lingering hurricane season storms in the Gulf of Mexico over the next two months.
Despite these national nuances, the data from the Energy Information Administration (EIA) indicates a slight increase in gasoline demand, rising from 8.81 million barrels a day to 8.95 million. However, total domestic gasoline supply saw a decrease from 217.6 million barrels to 216.6 million barrels. In parallel, gasoline production averaged a healthy 9.7 million barrels per day last week, suggesting that refineries are keeping pace with demand.
As Georgians continue to enjoy the sights and sounds of fall, the lingering benefit of lower fuel costs offers an additional reason to appreciate the season. While gas prices can fluctuate daily, the current trend is providing a much-needed financial break for commuters across the Peach State.
The most expensive metro markets in Georgia are Savannah ($3.01), Macon ($2.91), and Atlanta ($2.88).
The least expensive metro markets in Georgia are Valdosta ($2.79), Catoosa-Dade-Walker ($2.78), and Rome ($2.77).
Area gas price averages are Chattooga ($2.81), Walker ($2.81), Floyd ($2.77), Gordon ($2.84), DeKalb, AL ($2.71), Cherokee, AL ($2.71).
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