Georgia drivers are breathing a little easier this week as gas prices continue to decline, with the average price for a gallon of regular unleaded gasoline now standing at $2.90 (subject to change overnight). This represents a 4-cent decrease compared to both last week and last month, and a significant 30-cent drop compared to this time last year.

Filling up a 15-gallon tank now costs Georgians an average of $43.50, almost $5.00 less than a year ago. “The drop in gas prices over the weekend was a welcome relief to Georgians,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Crude oil prices, which play a key role in determining what consumers pay at the pump, continue to fluctuate. If crude remains low, gas prices will typically do the same. However, an uptick in demand nearing spring break travel may cause gas prices to rise.” Nationally, the average price for a gallon of regular gasoline has also seen a slight decrease, dropping by 1 cent to $3.08 (subject to change overnight) since last Monday. This dip is attributed in part to softening oil prices, though market fluctuations and the transition to more expensive summer-grade gasoline could cause some variability at the pump.

According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.45 barrels a day last week to 8.87 barrels. The total domestic gasoline supply decreased from 248.3 million barrels to 246.8 million. Gasoline production increased, averaging 9.6 million barrels per day. Regarding the oil market, West Texas Intermediate (WTI) crude oil dropped $1.95 last Wednesday to settle at $66.31 a barrel. The EIA also reports a 3.6 million barrel increase in crude oil inventories from the previous week, placing U.S. crude oil inventories about 4% below the five-year average for this time of year at 433.8 million barrels.

While the current trend is positive for consumers, the upcoming spring break travel season and potential market reactions to tariffs could introduce some volatility to gas prices in the coming weeks.

The most expensive Georgia metro markets are Athens ($2.97), Atlanta ($2.96), and Savannah ($2.94).

The least expensive Georgia metro markets are Dalton ($2.75), Albany ($2.72), and Catoosa-Dade-Walker ($2.68).

Area gas price averages – Chattooga ($2.83), Walker ($2.70), Floyd ($2.81), Gordon ($2.81), DeKalb, AL ($2.66), Cherokee, AL ($2.61).