AAA: Georgia Gas Price Average Descends Ahead of Memorial Day
Friday, May 24th, 2024
The Georgia gas price average decreased at the pump compared to a week ago. Georgians are paying an average price of $3.36 per gallon for regular unleaded gasoline (subject to change overnight). Monday's state average is 2 cents less than a week ago, 4 cents less than a month ago, and 11 cents more than this time last year. It costs drivers an average price of $50.40 to fill a 15-gallon tank of regular gasoline. Georgians are now paying 4 cents less to fill up at the pump compared to a month ago.
“Georgians were pleasantly surprised gas prices remained grounded as Memorial Day approached, defying expectations of a sudden hike,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “The primary rescuer has been the reduction in Crude oil prices; nevertheless, increased demand has been a vigilant guard, preventing prices from falling drastically.”
AAA continues to encourage drivers to take advantage of the money-saving gas tips listed below.
Nationally
Pump Prices Are at a Standstill Ahead of Memorial Day
Since last Monday, the national average for a gallon of regular gasoline still stands at $3.59 (subject to change overnight). The lack of pump price movement is typical in the days leading up to Memorial Day. However, with AAA forecasting a record 38.4 million drivers hitting the road for the long weekend, the price needle could point a bit higher, at least temporarily.
According to data from the Energy Information Administration (EIA), gas demand rose unexpectedly from 8.87 million barrels a day to 9.31 last week. Meanwhile, total domestic gasoline stocks decreased slightly from 227.8 to 226.8 million barrels, while gasoline production increased last week, averaging 10.0 million daily barrels. An increase in gasoline demand paired with falling oil prices could cause pump prices to remain relatively flat for now.
Regional Prices:
Memorial Day Gas Price Average 2023- $3.25
The most expensive Georgia metro markets – are Savannah ($3.47), Atlanta ($3.38), and Macon ($3.36).
The least expensive Georgia metro markets – are Rome ($3.22), Dalton ($3.17), and Catoosa-Dade-Walker ($3.12).
Current and Past Price Averages (Regular Unleaded Gasoline)
Sunday |
Saturday |
Week Ago |
Month Ago |
One Year Ago |
Record High |
|
National |
$3.59 |
$3.59 |
$3.59 |
$3.66 |
$3.57 |
$5.01 (6/14/2022) |
Georgia |
$3.36 |
$3.36 |
$3.38 |
$3.40 |
$3.25 |
$4.49 (6/15/2022) |
Click here to view current gasoline price averages |
Money-Saving Tips for Drivers
- Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.
- Consider paying in cash vs. a credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
- Enroll in fuel savings programs.
Fuel-Saving Tips for Drivers
- Maintain your vehicle to ensure the best fuel economy. Find a trusted automotive facility at AAA.com/Auto Repair.
- Combine errands to limit driving time.
- Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph. Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduce fuel economy.
Traffic Safety Tip: AAA-The Auto Club Group “Move Over For Me” Campaign
“Drivers, if you see a disabled vehicle on the roadside while traveling, be courteous and Move Over,” said Waiters. “Remember the person who broke down could be you, a friend, a family member, a coworker, or a neighbor. Move Over for the safety of others and because it is the right thing to do!”