Georgia Gas Prices Rise 2 Cents
Tuesday, July 31st, 2018
Gas prices rose 2 cents nationwide last week, as prices in the southeast face upward pressure. Wholesale gasoline prices rose 8 cents in Florida and Georgia, and 7 cents in Tennessee.
Average Summer Gas Prices
2014 2015 2016 2017 Today
National $3.57 $2.71 $2.23 $2.31 $2.86
Florida $3.50 $2.58 $2.19 $2.25 $2.74
Georgia $3.48 $2.57 $2.11 $2.18 $2.72
Tennessee $3.35 $2.45 $2.03 $2.08 $2.61
Gas prices in Georgia are on the rise. The state average rose 2 cents during the past week and face additional upward pressure heading into Monday. Wholesale gasoline increased 14 cents last week, raising the price for retailers to fill their tanks.
Georgia gas prices averaged $2.72 per gallon on Sunday. The state average is 2 cents more than a week ago, 3 cents more than last month, and 54 cents more than last year.
Click here to view AAA's state and metro gas price averages
The most expensive gas price averages in Georgia are in Atlanta ($2.78), Gainesville ($2.72), and Savannah ($2.71)
The least expensive gas price averages in Georgia are in Warner Robins ($2.58), Augusta-Aiken ($2.59), and Columbus ($2.61)
"Motorists may see higher gas prices this week," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Strong demand and lower inventories pushed wholesale prices higher. The added cost for retailers will likely be passed along to motorists. Based on demand figures, summer drivers are unfazed by higher prices at the pump this year. Fortunately, a potential 5-10 cent increase this week would still leave pump prices below this year's highs."
Although oil prices held relatively steady last week, gasoline futures surged for the second week. The price for gasoline on the NYMEX rose a total of 16 cents during the past two weeks, pushing wholesale gas prices higher. Gasoline rose in response to EIA data that showed a dip in gasoline supply inventories, as gasoline demand reaches near record levels. Gasoline demand for the week of July 20, was the fourth highest weekly rate this year.
Fuel Savings Tips
Drive Sensibly – Aggressive driving (speeding, rapid acceleration and braking) wastes gas.
Gas mileage can be reduced 15-30% at highway speeds / 10-40% in stop-and-go traffic
The equivalent of 27¢ - $1.08 per gallon
Observe the speed limit
Not only is it safer – but it can help you save money
Gas mileage rapidly declines at speeds above 50 mph
Every 5 mph you drive over 50 mph is like paying an additional 19 cents per gallon for gasoline
Lose the weight
Using your trunk for storage can cost you by way of lower fuel economy
Remove unnecessary items from your vehicle.
An extra 100 pounds in your vehicle reduces your miles per gallon by about 1%
Like paying an additional 3 cents per gallon for every 100 pounds
Use cruise control
Cruise control on the highway helps you maintain a constant speed
Conversely, constant throttling at high speeds consumes gasoline much faster
Avoid excess idling
Idling uses a quarter to a half gallon of fuel per hour
Turn off your engine when your vehicle is parked
It only takes 10 seconds worth of fuel to restart your vehicle
Combine trips
Saves time and money
Fuel economy is better when your engine is warmed up and you make multiple stops
Inflate tires
Keeping your tires inflated to the proper pressure can improve your gas mileage up to 3%
It can mean the difference of a couple cents per gallon
Find the recommended tire pressure on a sticker located on the driver’s side door jamb