Gas prices are the lowest price in 12 years for the beginning of the summer travel season, according to a fuel price report from AAA.
Since June 1, prices in Georgia averaged $2.18. That's six cents less than the same time last year and the lowest since 2005, when prices were $2.05.
"Lower gas prices will make it more enticing for Americans to take extended, or more frequent road trips this summer," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "And when travelers spend less at the pump, they are left with extra cash to spend on lodging, shopping, and dining out."
Atlanta and Savannah have the highest average, both at $2.15 and Augusta-Aiken has the lowest average at $2.00.
"Oil prices moved even lower last week, dragging gas prices down with them," Jenkins said. "Oil prices are having a hard time stabilizing amid fears that oversupply will continue dominating market. The slump at the pump is not over yet. Prices are falling at a steady rate, and motorists should see another round of discounts this week."
Nationally, prices average $2.33 for a gallon of regular unleaded gas.
The Georgia average for gasoline was $2.11/g from June 1 - August 31, 2016. The state average fell from $2.28 in June, to as low as $1.98 in early August.
Gasoline prices declined in line with the falling price of crude. Daily WTI settlements dropped from $51.23 in June, to as low as $39.51 in early August.
