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Georgia gas prices climb again

Monday, Jan. 23, 2023–9:40 a.m.

-David Crowder, WRGA News-

Georgia gas prices continue to rise.

Georgia drivers are now paying an average price of $3.25 per gallon for regular unleaded gasoline, which is 19 cents more than a week ago, and 52 cents more than a month ago.

Local averages on Monday were $3.19 in both Floyd County and Chattooga County, $3.23 in both Bartow County and Gordon County, and $3.21 in Polk County.

It now costs $48.75 to fill a 15-gallon tank of regular gasoline. Drivers are now paying almost $2.00 more to fill up at the pump compared to a year ago.

“Several factors are contributing to the rise in gas prices across the state, such as the end of the suspension of the state’s gas tax, an uptick in demand, and concerns that the global oil supply possibly will be impacted by Russia’s escalation of the war in Ukraine,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman.

Robust Gas Demand Bucks Seasonal Trend, Pushing Pump Prices Higher

Since last Monday, the national average for a gallon of regular gasoline has increased by 11 cents to $3.41. According to data from the Energy Information Administration, gas demand rose from 7.56 to 8.05 million barrels a day last week. Despite the messy West Coast weather, a mild winter elsewhere in the nation may have led to more drivers getting behind the wheel. Meanwhile, total domestic gasoline stocks increased by 3.5 million barrels to 230.3 million barrels. Rising gas demand has contributed to higher pump prices. If demand remains robust, drivers will likely see pump prices increase through the week.