Georgia Gas Price Average Continues to Drop Ahead of the New Year

December 26th, 2022 – 8:10 PM

AAA – The Auto Club Group –

Georgia gas price average continues to decrease at the pump compared to a week ago. Georgia drivers are now paying an average price of $2.70 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 8 cents less than a week ago, 36 cents less than a month ago, and 40 cents less than this time last year. It now costs $40.50 to fill a 15-gallon tank of regular gasoline. Drivers are now paying almost $6.00 less to fill-up at the pump compared to last month.

“Georgia remains one of the states in the U.S. with low gas prices ahead of the New Year,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Governor Brian Kemp’s suspension of the state gas tax through January 10th, continues to be the driving force pushing pump prices lower, as well as increasing supply and lower gasoline demand.”

National Average Keeps Falling as New Year Approaches

Since last Monday, the national average for a gallon of regular gasoline has decreased by 4 cents to $3.10 (subject to change overnight). According to data from the Energy Information Administration (EIA), gas demand increased from 8.26 to 8.71 million barrels a day last week. However, the current rate is nearly 300,000 barrels a day lower than at the end of December 2021. Meanwhile, total domestic gasoline stocks grew by 2.5 million barrels to 223.6 million barrels. Increasing supply and low gasoline demand are pushing pump prices lower. As demand remains low and stocks rise, drivers will likely continue to see pump prices decrease through next year. 

Regional Prices:

Most expensive Georgia metro markets – Hinesville-Fort Stewart ($2.78), Savannah ($2.77) and Atlanta ($2.76).

Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.57), Albany ($2.52) and Warner Robins ($2.46).

Current and Past Price Averages (Regular Unleaded Gasoline) 

SundaySaturdayWeek AgoMonth AgoOne Year AgoRecord High
National$3.10 $3.09 $3.14 $3.57  $3.28  $5.01   (6/14/2022)
Georgia$2.70 $2.70  $2.78  $3.06 $3.10 $4.49   (6/15/2022)
Click here to view current gasoline price averages

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