AAA: COVID-19 Continues to Impact Georgia Pump Prices
ATLANTA, GA., (April 6, 2020) — Georgia gas prices continue to decline at the pump compared to a week ago. Georgia motorists are now paying an average price of $1.77 per gallon for regular unleaded gasoline. Monday’s state average is 8 cents less than a week ago, 46 cents less than last month, and 84 cents less than this time last year.
It now costs motorists $26.55 to fill a 15-gallon tank of gasoline; that is $14.55 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.
“AAA expects gas prices to keep dropping as cheap crude combines with the realities of people staying home and less demand for gas,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “Today, motorists can find gas for $1.99 or less at 68% of gas stations in the country.”
Weekly Gas Demand Falls to Lowest Rate Since 1993
Since last Monday, the national average for a gallon of regular gasoline has decreased by 9 cents to $1.93. Today, 33 states have averages under $2 per gallon. Pump prices continue to decline around the country as oil prices have decreased significantly in response to the increasing public health, financial and economic impact of COVID-19. In its weekly report, the Energy Information Administration (EIA) released new data that showed gas demand decreased significantly last week — from 8.8 million barrels to 6.7 million barrels. According to EIA’s historical gas demand data, demand has not been this low since 1993. As more Americans practice social distancing, gas demand is likely to continue decreasing and push pump prices cheaper.
- Most expensive Georgia metro markets –Hinesville-Fort Stewart ($1.99), Brunswick ($1.93) and Albany ($1.87).
- Least expensive Georgia metro markets – Dalton ($1.51), Rome ($1.58) and Warner-Robins ($1.69).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2019 Low||2019 High||Record High|
|National||$1.93||$1.94||$2.02||$2.40||$2.72||$2.23 (January)||$2.90 (May)||$4.11 (7/17/2008)|
|Georgia||$1.77||$1.77||$1.85||$2.23||$2.61||$2.04 (January)||$2.74 (April)||$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.
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About AAA – 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, banking, financial services, and travel offerings to over 13.5 million members across 13 U.S. states, the province of Quebec and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Carolina, North Dakota, Tennessee, Wisconsin, Puerto Rico, South Carolina 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 60 million members in the United States and Canada 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.