Georgia drivers are currently paying $3.56 per gallon on average for regular unleaded gasoline, which is four cents less than a week ago and eight cents less than a month ago, but 30 cents higher than this time last year since Georgia gas prices have declined for second straight week.
Georgia gas prices have dropped for the second week in a row, with a 15-gallon tank of regular gasoline now costing $53.40. Georgia residents are spending $1.20 less at the pump than they were a month ago.
In the recent published article by WRGA News, on Monday, the local averages in Floyd County were $3.46, $3.51 in Gordon County, $3.53 in Polk County, and $3.55 in Bartow County.
Chattooga County had the cheapest gas, averaging $3.40 a gallon.
“Despite the increase in crude oil prices, Georgians are feeling some relief at the pump,” said Montrae Waiters, a spokesman for AAA-The Auto Club Group. “Georgia gas prices can change until hurricane season and its threats to Gulf Coast oil and gas production and refining are over.”
The national average cost a gallon of normal gasoline has been stable at roughly $3.82 since last Monday (subject to change overnight).
According to The Rebel, despite a recent increase in the price of oil, the major ingredient in gasoline, several states’ including Georgia gas prices have decreased.
According to the Energy Information Administration (EIA), gas demand climbed last week from 9.07 million barrels per day to 9.32 million barrels per day. Meanwhile, total domestic gasoline stocks fell from 217.4 million barrels to 214.7 million barrels.
Rising oil costs, increased gas demand, and constrained supply may cause pump prices to rise.