Gas Prices in Georgia Show Stability Despite Market Fluctuations

News Summary

Gas prices in Georgia currently average $2.91 per gallon for regular unleaded gasoline, experiencing a slight increase of one cent since last week. This price reflects a 31-cent decrease compared to last year, benefitting drivers at the pump. With the national average at $3.13, regional price variations are notable, with areas like Hinesville-Fort Stewart having the highest rates. Current trends indicate fluctuating demand and supply, prompting drivers to stay informed as hurricane season approaches, which could affect future pricing.

Georgia – The average gas price in Georgia currently stands at $2.91 per gallon for regular unleaded gasoline, reflecting a slight increase of one cent since last week. Notably, this price has remained unchanged over the past month. Compared to this time last year, Georgians are benefiting from a lower rate, with current prices being 31 cents less per gallon.

To fill a typical 15-gallon tank of gasoline, drivers in Georgia pay an average of $43.65. This translates to a savings of approximately $5.00 less per fill-up compared to the previous year. In contrast, the national average gas price is slightly higher at $3.13, maintaining stability over the past week.

Current Trends and Market Observations

Gas prices in Georgia reflect current trends, with fluctuations expected overnight. In the past week, gasoline demand across the U.S. has seen a decrease from 9.04 million barrels per day to 9 million barrels. Concurrently, the domestic gasoline supply has also diminished, dropping from 227.1 million barrels to 226.3 million barrels.

On the production side, gasoline output has increased, with an average of 9.8 million barrels per day being produced. These varying figures suggest a dynamic market landscape, which could influence future pricing trends.

Regional Price Variations

Within Georgia, gas prices differ significantly between various metro markets. The most expensive areas for gas are Hinesville-Fort Stewart at $3.00, Athens at $2.93, and Gainesville at $2.91. Conversely, the least expensive markets include Rome at $2.82, Augusta-Aiken at $2.79, and Catoosa-Dade-Walker at $2.75.

These price differences highlight the importance of shopping around, as there are notable regional variations that could save drivers money at the pump. The current gas price assessments are based on data collected from approximately 130,000 station surveys conducted by the American Automobile Association (AAA).

Historical Context and Future Considerations

Examining the historical context, the average gas price in Georgia has substantially decreased from its peak of $4.55 last year. Despite the current stability in prices, experts are closely monitoring the situation, especially with the hurricane season approaching, which could potentially disrupt gas production and distribution.

While recently announced tariffs may impact gas prices in northern states, they are not anticipated to have a significant effect on prices in the southeastern region, including Georgia. Drivers are encouraged to adopt money-saving gas tips to maximize savings and stay informed about changing market conditions.

Looking Ahead

The average cost of electricity at public electric vehicle (EV) charging stations remains steady at 36 cents per kilowatt-hour, as alternative fuel options continue to grow in popularity. As gas prices fluctuate, keeping updated on regional pricing and making informed decisions about fuel purchases will continue to play a crucial role in managing costs for Georgia drivers.

Deeper Dive: News & Info About This Topic

• WSB TV: Gas Prices Change in Atlanta
• Wikipedia: Gas Prices in Georgia
• Fox 5 Atlanta: Gas Prices Rise
• Google Search: Georgia gas prices
• 11Alive: Georgia Gas Prices Average Jump
• Encyclopedia Britannica: Fuel Prices
• WSB Radio: Georgia Gas Prices Hold Steady
• Google News: Georgia gas prices trend