July 1st, 2024 – 4:00 PM
AAA – The Auto Club Group
The Georgia gas price average continues to climb at the pumps compared to a week ago. Georgians are paying an average price of $3.31 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 5 cents more than a week ago, 6 cents less than a month ago, and 9 cents more than this time last year. It costs drivers an average price of $49.65 to fill a 15-gallon tank of regular gasoline. Georgians are now paying almost $1.00 less to fill up at the pump compared to a month ago.
“The summer season has officially ignited, and just like the mercury rising in the thermometer, gas prices are increasing too,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “The increase in crude oil prices continues to be the major culprit for the escalation at the pump. Over 2 million Georgians are anticipated to hit the road for the July 4th holiday. Increased demand may also influence an uptick in prices this week.”
AAA continues to encourage drivers to take advantage of the money-saving gas tips listed below.
Nationally:
Gas Prices Pop Ahead of Independence Day Holiday
The national average for a gallon of regular gasoline has increased by 5 cents to $3.49 (subject to change overnight). The move came as the cost of oil crossed the $80 per barrel mark, putting upward pressure on pump prices. With oil costs accounting for about 54% of what you pay at the pump, more expensive oil usually leads to more expensive gas.
According to new data from the Energy Information Administration (EIA), gas demand fell from 9.38 million barrels a day to 8.96 last week. This demand level is about 240,000 barrels a day below the same week of last year. Meanwhile, total domestic gasoline stocks rose from 231.2 to 233.9 million barrels. Low gasoline demand and increasing supply may help counter higher oil costs, slowing any rise in pump prices.
Regional Prices:
The most expensive Georgia metro markets – are Savannah ($3.39), Atlanta ($3.34), and Gainesville ($3.29).
The least expensive Georgia metro markets – are Rome ($3.22), Dalton ($3.20), and Catoosa-Dade-Walker ($3.15).
Current and Past Price Averages (Regular Unleaded Gasoline)
 |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | Record High |
| National | $3.49 | $3.49 | $3.44 | $3.56 | $3.54 | $5.01 (6/14/2022) |
| Georgia | $3.31 | $3.31 | $3.26 | $3.37 | $3.22 | $4.49 (6/15/2022) |
| Click here to view current gasoline price averages | ||||||
