AAA: Georgia Pump Prices Continue to Rise
ATLANTA, GA., (May 18, 2020) — Georgia gas prices increased slightly at the pump compared to a week ago. Georgia motorists are now paying an average price of $1.66 per gallon for regular unleaded gasoline. Monday’s state average is 2 cents more than a week ago, 2 cents less than last month, and 99 cents less than this time last year.
It now costs motorists $24.90 to fill a 15-gallon tank of gasoline; that is $16.20 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.
“Pump prices are fluctuating throughout the country as demand increases and gasoline stocks decrease,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “The boost in demand continues to push pump prices up around the country, as more states re-open businesses.”
Since last Monday, the national average for a gallon of regular gasoline has increased by 4 cents to $1.88. Regardless of the national increase, 40 states still have averages of $2.00 or less per gallon. The Energy Information Administration’s (EIA) latest data report showed demand for gasoline increased by 800,000 barrels a day to 6.7 million barrels a day last week, which is 3.2 million barrels less than last year at this time. Gas demand is expected to continue to grow, leading pump prices to continue their increase.
- Most expensive Georgia metro markets –Hinesville-Fort Stewart ($1.76), Savannah ($1.74) and Augusta-Aiken ($1.68).
- Least expensive Georgia metro markets – Athens ($1.55), Rome ($1.58) and Albany ($1.61).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2019 Low||2019 High||Record High|
|National||$1.88||$1.87||$1.84||$1.82||$2.85||$2.23 (January)||$2.90 (May)||$4.11 (7/17/2008)|
|Georgia||$1.66||$1.66||$1.64||$1.68||$2.65||$2.04 (January)||$2.74 (April)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|