AAA: GEORGIA GAS PRICES ROSE 3 CENTS LAST WEEK
ATLANTA, GA., (April 29, 2019) — Georgia gas prices are up this week compared to a week ago. Georgia drivers are now paying an average of $2.73 per gallon for regular unleaded- 3 cents more than a week ago and 13 cents more than this time last month. However, drivers are only paying 1 cent more than this same time last year.
Motorists are paying an average of $40.95 for a full 15-gallon tank of gasoline; a discount of $1.05 from when prices were their highest last May.
“Gasoline prices nationwide continue to rise,” said Montrae Waiters, spokeswoman, AAA- The Auto Club Group. “The market price for crude and gasoline are major factors as well as local supply and demand.”
EIA (Energy Information Administration)
In its latest weekly petroleum report, the Energy Information Administration revealed that while demand decreased slightly to 9.41 million b/d last week, the rate is more than 325,000 b/d higher than where it was last year at this time. Alongside healthy demand, total domestic stocks of gasoline fell by 2.2 million bbl to 225.8 million bbl last week – 11 million bbl lower than the total stock level during this same week in 2018. Two other contributing factors are the switch over to more expensive to produce summer blend gasoline and reduced gasoline production as a result of maintenance at refineries across the country. As a result, American motorists should expect increased pump prices as demand remains robust and stocks dwindle.
- Most expensive metro markets – Atlanta ($2.79), Athens ($2.76), Gainesville ($2.75)
- Least expensive metro markets – Albany ($2.61), Columbus ($2.59), Warner ($2.59)
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.88||$2.88||$2.84||$2.68||$2.80||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Georgia||$2.73||$2.73||$2.70||$2.60||$2.72||$2.84 (5/27/2018)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.