October 12th, 2020 – 6:50 AM
AAA – The Auto Club Group
Georgia gas prices hold steady at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.00 per gallon for regular unleaded gasoline. Monday’s state average is 3 cents less than last month, and 46 cents less than this time last year.
It now costs motorists $30.00 to fill a 15-gallon tank of gasoline; that is $11.10 less than what motorists paid in April of 2019, when pump prices hit their peak of $2.74 per gallon.
“Georgia gas prices saw minimal or no change at the pumps across the state,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “Demand will continue to see some declines in the weeks ahead as drivers traditionally take fewer road trips in the fall, which indicates gas prices are likely to push cheaper throughout the month.”
NATIONAL AVERAGE REMAINS STEADY AS DEMAND GROWS
Since last Monday, the national average for a gallon of regular gasoline has held steady at $2.19. In the new weekly report from the Energy Information Administration (EIA), gas demand grew from 8.53 million barrels a day to 8.90 million barrels a day. However, the current rate is approximately 600,000 barrels a day below last year’s rate in early October. Low demand, even as total domestic stocks decreased by 1.4 million barrels to 226.7 million barrels last week, has helped pump prices to mostly hold steady this week.
- Most expensive Georgia metro markets – Brunswick ($2.09), Savannah ($2.08) and Hinesville-Fort Stewart ($2.05).
- Least expensive Georgia metro markets – Catoosa-Dade-Walker ($1.90), Columbus ($1.95) and Warner Robins ($1.93).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2019 Low||2019 High||Record High|
|National||$2.19||$2.19||$2.19||$2.20||$2.64||$2.23 (January)||$2.90 (May)||$4.11 (7/17/2008)|
|Georgia||$2.00||$2.00||$2.00||$2.03||$2.46||$2.04 (January)||$2.74 (April)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|