Gas prices on the rise

Gas prices on the rise

Monday, September 30, 2024–10:20 a.m.

-AAA South-

Georgia gas prices rose last week, but remain under $3.00 a gallon.

The average of $2.97 per gallon for regular unleaded gasoline is 3 cents more than a week ago, but 19 cents less than a month ago, and 29 cents less than last year. 

It costs drivers an average price of $44.55 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $3.00 less to fill up at the pump than a month ago.

“Fuel costs were on a downhill slide, yet the anticipation of Hurricane Helene seemed to stir the waters,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Prices at the pump ticked up a bit since everyone was eyeing Helene; however, the good news is that it missed the refineries in the Gulf. So hopefully, any impact on Georgia’s gas price average will be fleeting.”

Nationally

Pump Prices Pause as Hurricane Comes Ashore

Since last Monday, the national average for a gallon of regular gasoline increased by 1 cent to $3.21 (subject to change overnight). According to new data from the Energy Information Administration (EIA), gas demand rose from 8.77 million barrels a day last week to 9.20. Meanwhile, total domestic gasoline stocks fell slightly from 221.6 million barrels to 220.1, while gasoline production increased last week, averaging 9.8 million barrels daily. Tepid gasoline demand and low oil costs will likely keep pump prices sliding.