Gas Prices Dip Slightly for Holiday Travel Week
Georgia gas prices are slightly lower than a week ago. Georgia motorists are now paying an average price of $3.24 per gallon for regular unleaded gasoline. Monday’s state average is 1 cent less than a week ago, 4 cents more than last month, and $1.29 more than this time last year.
It now costs motorists $48.60 to fill a 15-gallon tank of gasoline; that is $11.70 more than what motorists paid in January of 2020 when pump prices hit their peak of $2.46 per gallon.
“There are several factors gasoline prices have soared this year, such as high crude oil prices and increased driving demand,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “AAA predicts 1.5 million Georgians will be hitting the road for Thanksgiving. Unfortunately, it appears these high gas prices will hang around through the holiday.”
Since last Monday, the national average for a gallon of regular gasoline has decreased by a penny to $3.40. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 700,000 barrels to 212 million barrels last week. Gasoline demand also dropped slightly from 9.26 million barrels a day to 9.24 million barrels a day. The decrease in demand, alongside stocks, has helped to lower pump prices and minimize pump price increases. However, gasoline prices will likely remain elevated as long as oil prices are near $80 per barrel.
How To Save Money At The Pump:
Use gas apps to find cheaper prices
Pay with cash or credit cash rewards
Skip the premium gas if your vehicle allows
In Franklin, Hart and Stephens Counties, people are paying between $3.12 and $3.31 a gallon.
Most expensive Georgia metro markets – Savannah ($3.31), Brunswick ($3.28), and Hinesville-Fort Steward ($3.27).
Least expensive Georgia metro markets – Catoosa-Dade-Walker ($3.11), Albany ($3.13), and Warner Robins ($3.15).