AAA: Georgia Gas Price Average Drops

Tuesday, October 24th, 2023

 Georgia gas price average continues to decline at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.01 per gallon for regular unleaded gasoline (subject to change overnight).

Monday's state average is 6 cents less than a week ago, 31 cents less than a month ago, and 20 cents less than this time last year. It now costs an average of $45.15 to fill a 15-gallon tank of regular gasoline. Georgians are paying an average of $3.00 less to fill up at the pump compared to a year ago.

“Less expensive winter blend fuel, lower seasonal demand, and Governor Kemp’s suspension of the state’s gas tax continues to drive pump prices down in the state of Georgia,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman.

As the Leaves Fall, so Do Gas Prices

Since last Monday, the national average for a gallon of regular gasoline decreased by 5 cents to $3.55 (subject to change overnight). Despite global tensions causing ripples through the oil market, the national average for a gallon of gas maintained its autumnal dip. Pump prices have lost 32 cents since their 2023 peak of $3.88 a month ago. This means drivers are saving about $5 every time they fuel up.  

According to data from the Energy Information Administration (EIA), gas demand increased from 8.58 to 8.94 million barrels a day last week. On the other hand, total domestic gasoline stocks decreased by 2.4 million barrels to 223.3 million barrels. Although higher demand and tightening supply typically increase pump prices, flat oil prices have had the opposite effect. If oil prices remain steady or fall, drivers can expect further price drops at the pump in the weeks ahead.    

Regional Prices:

The most expensive Georgia metro markets – are Savannah ($3.14), Hinesville-Fort Stewart ($3.11), and Atlanta ($3.07).

The least expensive Georgia metro markets – are Warner Robins ($2.86), Dalton ($2.85), and Albany ($2.82).

Current and Past Price Averages (Regular Unleaded Gasoline) 

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

Record High

National

$3.55 

$3.55

$3.60 

$3.85 

 $3.80  

$5.01 (6/14/2022)

Georgia

$3.01 

$3.01 

 $3.07  

$3.32

$3.21

$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!”