Georgia gas prices up slightly

Georgia gas prices up slightly

Monday, June 5, 2023–10:37 a.m.

-AAA South-

Georgia gas prices are up compared to a week ago.

Georgia drivers are now paying an average price of $3.28 per gallon for regular unleaded gasoline.

It now costs $49.20 to fill a 15-gallon tank of regular gasoline. Drivers are now paying almost $15.00 less to fill up at the pump compared to a year ago.

“Georgians have hit the roads since most schools across the state are out for summer vacation,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “The rise in summer travel demand is helping to push pump prices higher for now in Georgia. Gas prices could stabilize or fall this week depending on demand and if crude oil continues to decrease.” 

Nationally- Gas Prices Stay in Neutral   

Since last Monday, the national average for a gallon of regular gasoline has decreased by 2 cents to $3.55 compared to a week ago (subject to change overnight). According to data from the Energy Information Administration (EIA), gas demand decreased from 9.43 to 9.1 million barrels a day last week. Lower demand has helped to cap increases in pump prices. Meanwhile, total domestic gasoline stocks dropped slightly to 216.1 million barrels. If gas demand declines, drivers will likely see pump prices fall.