Georgia gas prices remain stagnant

Georgia gas prices remain stagnant

Monday, November 18, 2024–11:30 a.m.

-AAA South-

Georgia gas prices were stuck in neutral last week.

Georgians are paying an average of $2.93 per gallon for regular unleaded gasoline, which is the same as a week ago. Monday’s state average is 22 cents more than a month ago and 9 cents more than this time last year. It costs drivers an average price of $43.95 to fill a 15-gallon tank of regular gasoline.

“Despite another week of lackluster demand for gasoline, Georgia pump prices remain stagnant,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “But we might see Hurricane Sara start to stir things up, and that could nudge gas prices a notch higher. Some early predictions show she could be taking a trip towards Florida around mid-week, so let’s keep our eyes peeled for what that means for us.”

Local averages on Monday were $2.88 in Floyd County, $2.90 in Bartow County, $2.92 in Polk County, $2.84 in Gordon County, and $2.80 in Chattooga County.

Nationally

Since last Monday, the national average for a gallon of regular gasoline decreased by 1 cent to $3.07 (subject to change overnight). The formation of Hurricane Sara in the Gulf of Mexico could delay or even temporarily reverse the decline in pump prices. According to new data from the Energy Information Administration (EIA), gas demand rose from 8.82 million barrels a day last week to 9.38. Meanwhile, total domestic gasoline stocks fell from 211.3 million barrels to 206.8, while gasoline production increased last week, averaging 10.3 million barrels daily.