Lower Gas Prices Expected

ATLANTA, Ga., (December 23, 2019) — Georgia gas prices are holding steady heading into the Christmas holiday. Georgia motorists are now paying an average price of $2.38 per gallon for regular unleaded gasoline. Monday’s state average is 1 cent less than a week ago, 4 cents less than last month, and 24 cents more than this time last year.

It now costs $35.70 to fill a 15-gallon tank of gasoline. That is $6.90 less than what motorists paid in May of 2018, when pump prices hit their peak of $2.84 per gallon.

“As stocks continue to grow, while demand remains robust, pump prices across the nation are likely to hold steady or drop through the week,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “While that will offer savings to motorists, it is not as much as they saw last December. Gas prices are more expensive year-over-year in part due to higher crude prices this winter over last”

Gas Stocks Continue to Increase, Helping National Average Hold Steady

The national average price for regular unleaded gasoline is $2.54 per gallon, which is one cent less than last week, 5 cents less than a month ago, and 21 cents more than last year. Total domestic gasoline stocks increased for the sixth consecutive week, according to new data from the Energy Information Administration (EIA). Stocks increased by 2.5 million barrels last week, bringing the total to 237.3 million barrels. Last week’s gas demand hit 9.411 million barrels — up from last year’s 9.243 million barrels at this time.

Regional Prices

  • Most expensive Georgia metro markets – Savannah ($2.45), Brunswick -Hinesville-Fort Stewart ($2.43), and Valdosta ($2.42).
  • Least expensive Georgia metro markets – Dalton ($2.29), Catoosa-Dade-Walker ($2.30), and Rome ($2.31).

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