Memorial Day Gas Prices Lowest in 12 Years
Tuesday, May 30th, 2017
Georgia gas prices averaged $2.23 on Memorial Day. The state average on Monday was 4 cents less than last year's holiday and the lowest Memorial Day gas price since 2005 ($1.97), according to AAA, whose data is collected from credit card swipes and direct feeds from 120,000 gas stations nationwide, in cooperation with OPIS and Wright Express.
Georgia has the 13th-lowest state average in the country. Monday's state average was 4 cents more than a week ago. The daily average declined on both Sunday and Monday by fractions of a penny.
Gas prices reached their lowest point of the year on March 27 ($2.16). The highest state average this year was $2.29 on April 14.
The national average price for a gallon of regular unleaded gasoline will average $2.40 this summer, according to the EIA. Georgia gas prices would average $2.23 this summer, based on the 17 cent difference between Monday's national and state average. Last year, Georgia gas prices averaged $2.11 from June 1 to August 31.
- The most expensive gas price averages in Georgia are in Atlanta ($2.27), Savannah ($2.23), and Columbus ($2.19)
- The least expensive gas price averages in Georgia are in Augusta-Aiken ($2.10), Macon ($2.15), and Albany ($2.16)
"Oil prices declined last week, allowing gas prices to stabilize in time for one of the most-traveled Memorial Day holidays in 12 years," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "This summer, gas prices should stay within 10-20 cents of their current levels. However, retail prices could surge if there are unexpected refinery outages or if a hurricane impacts supply and demand."
Gas Price Tools for Reporters/Consumers
- GasPrices.AAA.com - Daily national, state, and metro gas price averages.
- AAA Mobile app - Free app that shows current prices at a gas station near you.
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
Monday | Sunday | Week Ago | Month Ago | One Year Ago | Highest Price on Record | |
National | $2.371 | $2.371 | $2.358 | $2.392 | $2.322 | $4.114 (7/17/2008) |
Florida | $2.305 | $2.307 | $2.303 | $2.425 | $2.252 | $4.079 (7/17/2008) |
Tampa | $2.225 | $2.230 | $2.234 | $2.412 | $2.145 | $4.009 (7/16/2008) |
Georgia | $2.227 | $2.228 | $2.192 | $2.262 | $2.266 | $4.164 (9/15/2008) |
Tennessee | $2.114 | $2.114 | $2.095 | $2.155 | $2.158 | $4.118 (9/15/2008) |
Click here to view current gasoline price averages |