The Georgia gas price average decreased at the pumps compared to a week ago. Georgians now pay an average price of $2.88 per gallon for regular unleaded gasoline, which can change overnight. Monday's state average is 4 cents lower than a week ago, 11 cents lower than a month ago, and 53 cents lower than last year. It costs drivers an average of $43.20 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $8.00 less to fill up at the pump than a year ago.

“Crude oil continues to trend under $80 a barrel, and demand appears to have slowed down, contributing to lower pump prices,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman.”

Nationally:

Temperatures May Be Rising, But Gas Prices Are Not  

Since last Monday, the national average price for a gallon of regular gasoline has decreased by 3 cents to $3.13, subject to change overnight. In the lull between spring travel and the kick-off to summer, gas demand slid week after week. OPEC+ (the group of oil-producing countries) announced Saturday that it will increase output again in June, widening the supply surplus, which could cause crude prices to continue to fall. This means road trippers would see lower prices at the pump this summer.

According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9.09 million barrels a day last week to 8.71. Total domestic gasoline supply slightly increased from 225.5 million barrels to 225.7.

Oil Market Dynamics

At the close of last Wednesday’s formal trading session, WTI fell $1.02 to settle at $-58.07 a barrel. The EIA reports that crude oil inventories decreased by 2 million barrels from the previous week. At 438.4 million barrels, U.S. crude oil inventories are about 7% below the five-year average for this time of year.       

Electric:

Meanwhile, the national average per kilowatt hour of electricity at a public EV charging station increased two cents last week to 36 cents. Drivers can find electric charging prices along their route using the AAA TripTik Travel Planner.

Regional Prices:

The most expensive metro markets in Georgia are Savannah ($2.96), Macon ($2.92), and Atlanta ($2.91).

The least expensive metro markets in Georgia are Augusta-Aiken ($2.77), Dalton ($2.74), and Catoosa-Dade-Walker ($2.72).

Current and Past Price Averages (Regular Unleaded Gasoline) 

AAA encourages drivers to use the money-saving gas tips listed below.

Money-Saving Tips for Drivers

• Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.
• Consider paying in cash instead of using a credit card. Some retailers charge extra per gallon for customers who use a credit card.
• Enroll in fuel savings programs

Fuel-Saving Tips for Drivers

• Maintain your vehicle to ensure the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.
• Combine errands to minimize driving time.
• Slow down. Fuel economy diminishes significantly at highway speeds above 50 miles per hour. Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding can reduce fuel economy.