Georgia gas prices are up again this week, according to this week's fuel price report from AAA, and the Gainesville area is seeing some of the most expensive pump prices in the state.
Georgia motorists are now paying an average price of $2.67 per gallon for regular unleaded gasoline. Monday's state average is 7-cents more than a week ago, 19-cents more than this time last month, and 5-cents less than this time last year.
It now costs $40.05 to fill a 15-gallon tank of gasoline. That is $2.55 less than what motorists paid last May, when pump prices hit their 2018 peak of $2.84 per gallon.
"Georgia gas prices continue upward trend,” said AAA spokeswoman Montrae Waiters. “If stocks continue to decrease as demand remains robust, pump prices will likely continue to rise throughout the week.”
The national average for gas this week is $2.79.
Gas Stocks Tighten As Demand Climbs, Pushing Pump Prices Up
Growing demand and shrinking gas stocks are contributing to pump price increases seen since the Fourth of July, according to new data released by the Energy Information Administration (EIA). For the week ending on July 5, EIA’s data revealed that total domestic stocks fell by 1.4 million bbl to 229.2 million bbl. The current level is 10 million bbl lower than where it was at this point in 2018. Demand grew to 9.8 million bbl from the previous week’s 9.5 million bbl, which is in line with the rate in early July 2018.
Regional Prices
- Georgia most expensive metro markets –Atlanta ($2.74), Gainesville ($2.69), Hinesville- Fort Stewart ($2.64), and Macon ($2.63).
- Georgia least expensive metro markets – Warner Robbins ($2.54), Catoosa-Dade-Walker ($2.52) and Columbus ($2.50).
http://accesswdun.com/article/2019/7/813991/aaa-gas-prices-rise-again-gainesville-market-among-most-expensive