Georgia gas prices hold steady

Monday, March 25, 2024–10:08 a.m.

-AAA South-

Georgia’s gas price average held steady compared to a week ago.

Drivers are paying an average price of $3.35 per gallon for regular unleaded gasoline. 

Monday’s state average was the same as a week ago, 22 cents more than a month ago, and 13 cents more than this time last year. 

It costs drivers an average of $50.25 to fill a 15-gallon tank of regular gasoline. Georgians are now paying almost $2.00 more to fill up at the pump compared to a year ago.

“Georgia gas prices saw minimum to no change at the pumps across the state,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Rising crude oil prices continue to be the main culprit influencing gas prices.”

Local averages on Monday were $3.31 in Floyd County, $3.34 in Bartow County, $3.35 in Gordon County, $3.28 in Polk County, and $3.24 in Chattooga County.

The National Gas Price Average Keeps Climbing

Since last Monday, the national average for a gallon of regular gasoline has increased by 7 cents to $3.53. While domestic gas demand has been lackluster, rising oil prices helped push pump prices higher. The Midwest may see a bit of a price reprieve, as the large BP Whiting refinery in Indiana is back up and running after being down since February 1st.

According to data from the Energy Information Administration (EIA), gas demand decreased slightly from 9.04 to 8.81 million barrels a day last week. Meanwhile, total domestic gasoline stocks dropped by 3.3 million barrels to 230.8 million barrels. Lower demand would typically contribute to pushing pump prices lower or slowing increases but rising oil prices have pushed them higher instead.

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