Georgia gasoline prices rose again this past week, although the increase was far smaller than in past weeks.
AAA-The Auto Club South said in its Monday-morning report that Georgia motorists are paying an average of $3.25 per gallon for regular unleaded gasoline, which is an increase of two cents from a week ago.
The state average is 27 cents more than last month and $1.29 more than this time last year. It now costs motorists $48.75 to fill a 15-gallon tank of gasoline, which is $11.88 more than what motorists paid in January of 2020 when pump prices hit their peak of $2.46 per gallon.
"For the past two weeks Georgians have seen an eight to nine cents increase at the pumps,” said AAA spokeswoman Montrae Waiters. “Fortunately, due to the drop in demand, we were able to see modest relief at gas stations across the state.”
Drop In Demand Helps to Slow Pump Price Increases
Since last Monday, the national average for a gallon of regular gasoline has increased by 2 cents to $3.40. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 2 million barrels to 215.7 million barrels last week. Gasoline demand also decreased from 9.63 million barrels a day to 9.32 million barrels a day. The drop in demand has helped slow price increases, but elevated crude prices continue to put upward market pressure on pump prices. Pump prices will likely keep rising as long as oil prices are above $80 per barrel.
Regional Prices
Atlanta- $3.25
Hall County - $3.21
Most expensive Georgia metro markets – Savannah ($3.33), Brunswick ($3.29), and Hinesville-Fort Stewart ($3.28).
Least expensive Georgia metro markets – Catoosa-Dade-Walker ($3.13), Dalton ($3.17), and Augusta-Aiken ($3.19).
