Georgia Gas Price Slip 4 Cents

Staff Report From Georgia CEO

Tuesday, August 21st, 2018

The average American is paying 50 cents more per gallon than they did this time last year. However, gas prices are declining across most of the United States. The national average on Sunday was $2.84 per gallon - a discount of 2 cents from the week before.

"Prices declined last week after crude inventories grew and gasoline supplies remained stable, despite strong demand," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Although demand was higher than the week before, it remains below most of July. Summer driving season is winding down, yet many Americans will take one final road trip during Labor Day weekend. The sudden jump in gasoline demand, could cause one final bump in prices at the pump."

Average Summer Gas Prices

                   2014    2015    2016    2017    Today
National    $3.57    $2.71    $2.23    $2.31    $2.84
Florida    $3.50    $2.58    $2.19    $2.25    $2.77
Georgia    $3.48    $2.57    $2.11    $2.18    $2.72
Tennessee    $3.35    $2.45    $2.03    $2.08    $2.61

Gas prices in Georgia declined for the 13th consecutive day, Sunday. The state average of $2.72 per gallon is 4 cents less than a week ago and 1-cent more than last month. Georgia motorists are paying nearly 50 cents more than last year.

The most expensive gas price averages in Georgia are in Atlanta ($2.78), Brunswick ($2.72), and Savannah ($2.71)

The least expensive gas price averages in Georgia are in Augusta-Aiken ($2.58), Warner Robins ($2.60), and Catoosa-Dade-Walker ($2.60)