Monday, July 3, 2023–10:39 a.m.
-David Crowder, WRGA News-
Georgia gas prices have decreased just as 1.4 million Georgians are expected to hit the road during the Independence Day holiday.
Georgia drivers are now paying an average price of $3.20 per gallon for regular unleaded, which is 7 cents less than a week ago, 9 cents less than a month ago, and $1.13 less than this time last year.
It now costs an average of $48.00 to fill a 15-gallon tank of regular gasoline. Drivers are now paying almost $17.00 less to fill up at the pump compared to a year ago.
Local averages on Monday were $3.08 in Floyd County and Chattooga County, $3.11 in Gordon and Polk Counties, and $3.12 in Bartow County.
“Georgia pump prices have fallen about 9 cents per gallon throughout the past two weeks,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Low oil prices have enabled gas prices to remain well below year-ago levels. However, strong demand has created some volatility throughout the past month. Even if gas prices rise again soon, Fourth of July road trippers will pay much less at the pump compared to last year.”
Nationally- Gas Prices Drift Lower as Drivers Prepare for July 4th Travel
Since last Monday, the national average for a gallon of regular gasoline has decreased by 4 cents to $3.53 compared to a week ago (subject to change overnight). Drivers hitting the road for the Fourth of July holiday will find the gift of lower gas prices across most of the country. According to data from the Energy Information Administration (EIA), gas demand decreased slightly from 9.38 to 9.31 million barrels a day last week. Meanwhile, total domestic gasoline stocks increased by 600,000 barrels to 220 million barrels.