clearn.png
Saturday December 4th, 2021 5:27AM

AAA: Georgia gas prices unchanged again this week

By AccessWDUN staff

Gasoline prices in Georgia remain unchanged this week, according to Monday's fuel price report from AAA-The Auto Club Group.

However, the average pump price in the Gainesville area rose by three-cents per gallon to an average of $3.23.

Motorists continue to pay an average price of $3.25 per gallon for regular unleaded gasoline. The state average is 15 cents more than last month and $1.28 more than this time last year. It now costs Georgia 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.

“Georgia statewide pump price averages have managed to remain stable for the past few weeks.” said Montrae Waiters, AAA spokeswoman. “Crude oil prices are still elevated, which impacts the cost of gas. Georgians can anticipate prices to remain elevated through the Thanksgiving Holiday.”

National Average Takes Step Back As Gas Demand and Supply Decline

Since last Monday, the national average for a gallon of regular gasoline has decreased by a penny to $3.41. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 1.6 million barrels to 212.7 million barrels last week. Gasoline demand also dropped from 9.5 million barrels a day to 9.26 million barrels a day. The decrease in demand has contributed to some price relief at the pump for drivers. However, pump prices will likely remain elevated as long as oil prices are above $80 per barrel.

At the close of last Thursday’s formal trading session, WTI increased by 25 cents to settle at $81.59. Although crude prices reversed course due to fluctuations in the market, crude prices declined earlier last week as inflation fears weigh on the market. Additionally, after the EIA reported that total domestic crude supply increased by 1 million barrels to 435.1 million barrels the week before, prices also fell. However, according to EIA’s data, the total domestic crude supply is still down 11 percent compared to the previous year at this time, putting elevated price pressure on crude.

Regional Prices

Atlanta- $3.28

Hall County - $3.23

Most expensive Georgia metro markets – Savannah ($3.32), Hinesville-Fort Stewart ($3.29), and Brunswick ($3.27).

Least expensive Georgia metro markets – Catoosa-Dade-Walker ($3.12), Warner Robins ($3.13), and Albany

  • Associated Categories: Homepage, Local/State News, Submitted News
  • Associated Tags: AAA, Gas prices, Georgia gas prices, weekly fuel price report, gas prices hold steady
© Copyright 2021 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
AAA: Georgia gas prices unchanged again this week
Gasoline prices in Georgia remain unchanged this week, according to Monday's fuel price report from AAA-The Auto Club Group.
5:06AM ( 10 minutes ago )
Gainesville woman faces DUI and drug charges after traffic stop
A Gainesville woman was arrested earlier this month after a traffic stop where deputies found a significant number of drugs, as well as a weapon.
9:15PM ( 8 hours ago )
Dawsonville home damaged by fire
A faulty heating unit is being blamed for a residential fire in Dawsonville.
8:35PM ( 8 hours ago )
Local/State News
Annual Parks & Leisure Christmas Market set for Nov 19-20
More than 75 vendors are expected to set up shop for the 5th Annual Christmas Market sponsored by Hall County Parks & Leisure Services.
12:11PM ( 2 days ago )
Coleman, Chambers & Rogers welcome new associate attorney
​Ryan T. Brock has joined Gainesville law firm Coleman, Chambers & Rogers as an associate attorney.
8:27AM ( 5 days ago )
GOP Women of Hall host Butch Miller at tonight's meeting
The Republican Women of Hall will hear from Sen. Butch Miller of Gainesville at a Monday night meeting in downtown Gainesville.
10:42AM ( 6 days ago )
Submitted News
AAA: Georgia gas prices remain flat for the week
Georgia gasoline prices have held steady for the past week, although they remain elevated. AAA-The Auto Club Group said the state average for Monday remained at $3.25 per gallon.
By AccessWDUN Staff
6:01AM ( 6 days ago )
AAA: Georgia gas prices rise again, but not as dramatically as in past weeks
Georgia gasoline prices rose again this past week, although the increase was far smaller than in past weeks.
By AccessWDUN Staff
7:48AM ( 1 week ago )
AAA: Georgia gas prices rise for another week
The experts who watch gasoline prices say they are unsure how long it will be before Georgians see some relief at the pump.
By AccessWDUN Staff
4:06AM ( 3 weeks ago )
AAA: Georgia gas prices up another 9 cents in the past week
As crude oil prices rise, so do pump prices in Georgia.
By AccessWDUN Staff
6:32AM ( 3 weeks ago )
AAA: Rising crude oil prices push Georgia pump prices up 8 cents
Alongside rising crude oil costs, Georgia gasoline prices increased at the pump over the past week.
By AccessWDUN Staff
5:05AM ( 1 month ago )