Georgia gas prices continue downward trend

Georgia gas prices continue downward trend

Monday, September 25, 2023–8:02 a.m.

-David Crowder, WRGA News-

Georgia gas prices continue to decline at the pump compared to a week ago.

Georgia drivers are now paying an average price of $3.30 per gallon for regular unleaded gasoline.

Monday’s state average is 9 cents less than a week ago, 29 cents less than a month ago, and 18 cents more than this time last year. It now costs an average of $49.50 to fill a 15-gallon tank of regular gasoline. Georgians are paying an average of $4.35 less to fill up at the pump compared to a month ago.

“The switch to less expensive winter blend gasoline and the Governor’s suspension of Georgia’s state gas tax continues to be the driving forces lowering prices at the pump,” said Montrae Waiters with AAA.

Local averages on Monday were $3.20 in Chattooga County, $3.21 in Floyd County, $3.23 in Gordon County, $3.25 in Polk County, and $3.27 in Bartow County.

The National Gas Price Average Trickles Lower

Since last Monday, the national average for a gallon of regular gasoline decreased to $3.84.  The drop in the national average, while small, is typical this time of year as much of the country makes the switch to less expensive winter-blend gasoline. However, the seasonal decline at the pump is being slowed by higher oil costs, which is around $90 a barrel. According to data from the Energy Information Administration (EIA), gas demand rose slightly from 8.31 to 8.41 million barrels a day last week. Meanwhile, total domestic gasoline stocks declined slightly from 220.3 to 219.5 million barrels.