Georgia continues to have the lowest gas prices in the country as gas prices just keep dropping. The latest AAA Fuel Report says that dropping prices will continue to be the trend as gas demand remains low.
According to the report released Monday morning, gas dropped another 5 cents this week, making the state average now $3.15 for a gallon of regular unleaded gasoline. That’s 9 cents less than this time last year.
Gainesville’s gas average of $3.02 was listed among the top 3 cities in the state with the lowest gas prices. In our area, Lumpkin County has some of the highest prices at $3.16.
Decreasing gas prices may be the new trend for a while. “Georgians may not experience price reductions at the grocery store due to inflation but can definitely appreciate savings at the pump,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “As long as demand remains low and there is no uptick in crude oil prices, drivers may continue to see savings at the pump.”
The national average for gas was $3.76 on Monday morning. That was a 3-cent drop for the week. California continues to have the most expensive prices in the country at $5.57.
According to data from the Energy Information Administration (EIA), gas demand rose slightly this week but is still nearly 400,000 barrels lower than this same time last year. Fluctuating oil prices and low demand are contributing to the national average moving downward.
