Georgians are enjoying relatively stable gas prices at the pump, with the current average holding steady at $2.94 per gallon for regular unleaded gasoline, according to AAA. This price is unchanged from last week, a penny lower than last month, and a significant 38 cents cheaper than this time last year. Filling a 15-gallon tank will cost drivers an average of $44.10, offering a nearly $7.00 saving compared to last year’s prices.
“Pump prices saw minimal or no change at the pumps,” noted Montrae Waiters, a spokeswoman for AAA-The Auto Club Group. “As gas prices trend lower than last year’s peaks, drivers may feel a sudden sting at the pump with each fill-up as Spring Break rolls in for students across the state. However, there is still a bright spot for Georgians; we are trending 21 cents below the national average of $3.15.” Nationally, the picture is different, with gas prices experiencing a seasonal climb. The national average has increased by 3 cents since last Monday to $3.15 per gallon. This rise is attributed to increased demand with Spring Break in full swing, a trend typical for this time of year as prices traditionally peak during the summer months. Despite the recent increase, the national average remains approximately 40 cents lower than last year, thanks to weaker gasoline demand and lower crude oil prices.
Data from the Energy Information Administration (EIA) reveals a decrease in gasoline demand from 8.81 to 8.64 barrels per day. The total domestic gasoline supply also decreased from 240.6 million barrels to 239.1 million barrels. Gasoline production averaged 9.2 million barrels per day last week. In the oil market, West Texas Intermediate (WTI) crude oil settled at $69.65 a barrel after rising 65 cents last Wednesday. The EIA also reported a 3.3 million barrel decrease in crude oil inventories from the previous week. Currently, U.S. crude oil inventories stand at 433.6 million barrels, about 5% below the five-year average for this time of year.
While national trends point towards rising gas prices, Georgia drivers can currently breathe a sigh of relief as they continue to enjoy relatively stable prices at the pump. These numbers are of course, subject to change overnight.
The most expensive metro markets in Georgia: Savannah ($2.99), Atlanta ($2.98), and Gainesville ($2.96).
The least expensive metro markets in Georgia: Warner Robins ($2.84), Hinesville-Fort Stewart ($2.82), and Catoosa-Dade-Walker ($2.81).
Area gas price averages: Chattooga ($2.90), Walker ($2.90), Floyd ($2.95), Gordon ($2.93), DeKalb, AL ($2.83), Cherokee, AL ($2.75).








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