The Georgia gas price average holds steady at the pump compared to a week ago.
Georgia drivers are paying an average price of $2.95 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average was 6 cents less than a month ago, and 29 cents less than this time last year. It now costs an average of $44.25 to fill a 15-gallon tank of regular gasoline. Georgians are now paying 90 cents less to fill up at the pump compared to a month ago.
“Typically, December and January are when we see some of the lowest prices at the pump. And this pattern appears to be holding steady in Georgia,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Yet, we still must keep an eye out on frigid temps because they can affect refinery production, pushing some regional gas prices higher.”
Gas prices take it slow
Since last Monday, the national average for a gallon of regular gasoline has increased by 1 cent to $3.07 (subject to change overnight). A likely culprit could be wintery weather, which hampers refining operations and gasoline distribution. This has resulted in some frigid regions seeing pump price jumps.
According to data from the Energy Information Administration, gas demand remains robust after it took a slight step back from 8.33 to 8.27 million barrels a day last week. Meanwhile, total domestic gasoline stocks increased by 3.1 million barrels to 248.1 million. Fluctuating oil prices, alongside robust demand, have pushed pump prices up, but price gains have been capped due to rising stock levels. If oil prices continue to see upward pressure, drivers could see pump prices increase steadily in the weeks ahead.
Regional prices
• Atlanta: $2.95.
• The most expensive Georgia metro markets are Savannah ($3.11), Hinesville-Fort Stewart ($3.07) and Brunswick ($3.04).
• The least expensive Georgia metro markets are Rome ($2.88), Dalton ($2.83) and Catoosa-Dade-Walker ($2.77).