AAA: Georgia Gas Price Average Surge 14 Cents

We don’t usually report on gas prices, but Georgia gas prices have increased again at the pump compared to a week ago.

Georgia motorists are now paying an average price of $4.27 per gallon for regular unleaded gasoline.

In our area, the average price of a gallon of unleaded as of Monday was still $4.29 but that is expected to go up again.

Monday’s state average was 14 cents more than a week ago, 51 cents more than last month, and $1.37 more than this time last year.

It now costs motorists $64.05 to fill a 15-gallon tank of regular gasoline, and that could put the brakes on many Georgians’ plans to travel this summer.

“Elevated gas prices may factor into Georgians’ hesitation to hit the road this summer,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Prices at the pump are likely to remain high, therefore, it may be a good idea to start setting aside some money now for upcoming road travel.”

Since last Monday, May 30, the national average for a gallon of regular gasoline has increased by 23 cents to $4.84.

According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 700,000 barrels to 219 million barrels.

Additionally last week, gasoline demand grew from 8.8 million barrels a day to 8.98 million barrels a day as drivers fueled up for Memorial Day weekend travel.

These supply and demand dynamics contributed to rising pump prices.

Coupled with volatile crude oil prices, pump prices will likely remain elevated as long as demand grows and supply remains tight.

Waiters recommends shopping around for gas prices by using the AAA Mobile App or other apps such as Gas Buddy.

Also, consider paying in cash vs. credit card because some retailers charge extra per gallon for customers who pay with a credit card.

You can also enroll in fuel savings programs.

And to save on gas usages, Waiters suggests maintain your vehicle to ensure optimal fuel economy.

Find a trusted automotive facility at AAA.com/AutoRepair.

Combine errands to limit driving time.

Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph.

And drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduces fuel economy.