Monday, November 4, 2024–8:56 a.m.
-AAA South-
The Georgia gas price average increased at the pumps compared to a week ago. Georgians pay an average of $2.94 per gallon for regular unleaded gasoline.
Monday’s state average is 2 cents more than a week ago, the same price as a month ago, and 2 cents more than this time last year. It costs drivers an average price of $44.10 to fill a 15-gallon tank of regular gasoline. Georgians are paying 30 cents more to fill up at the pump than a year ago.
“Georgians may have noticed a slight bump in gas prices since Governor Kemp brought back the state’s gas tax. But don’t worry, things may be improving. We’re expecting prices to dip soon, thanks to the usual drop in demand around this time of year and a switch to the cheaper winter fuel mix,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman.
Local averages on Monday were $2.87 in Floyd County, $2.86 in Chattooga County, $2.90 in Gordon County, $2.91 in Polk County, and $2.92 in Bartow County.
Nationally
Since last Monday, the national average for a gallon of regular gasoline decreased by 3 cents to $3.10 (subject to change overnight). Low oil costs and tepid domestic gasoline demand are the primary reasons. According to new data from the Energy Information Administration (EIA), gas demand rose slightly from 8.83 million barrels a day last week to 9.15. Meanwhile, total domestic gasoline stocks fell from 213.6 million barrels to 210.9, while gasoline production decreased last week, averaging 9.7 million barrels daily.