Monday, June 2, 2025–10:40 a.m.
-AAA South-
The Georgia gas price average decreased at the pumps compared to a week ago. Georgians now pay an average price of $2.88 per gallon for regular unleaded gasoline, which can change overnight. Monday’s state average is 3 cents lower than it was a week ago, 5 cents lower than it was a month ago, and 49 cents lower than it was a year ago. It costs drivers an average of $43.20 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $8.00 less to fill up at the pump than a year ago.
“Georgia’s gas prices are staying friendly to our wallets, which is great news for drivers,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “It is all thanks to the low cost of crude oil that’s making filling up your tank manageable. The tide could change at any moment, let us not forget we are still in the initial stages of hurricane season, and unpredictable things like storms or world events could shake things up and send oil prices climbing again.”
Local averages on Monday were $2.79 in Floyd County, $2.80 in Gordon County, $2.82 in Bartow County, $2.86 in Polk County, and $2.76 in Chattooga County.
Nationally
Low Fuel Prices Usher in Unofficial Start of Summer
Since last Monday, the national average price for a gallon of regular gasoline has decreased by 4 cents to $3.14, subject to change overnight. With crude oil prices lingering in the low $60s per barrel, drivers are reaping the benefits at the pump. While fuel prices are expected to remain lower than last summer, the weather is the wild card. The Atlantic hurricane season began on Sunday, and NOAA predicts a 60% chance of an above-normal season. Storms along the Gulf Coast can impact oil refineries and disrupt fuel deliveries, resulting in a temporary increase in gas prices.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.64 million barrels a day last week to 9.45. Total domestic gasoline supply decreased from 225.5 million barrels to 223.1. Gasoline production increased last week, averaging 9.8 million barrels per day.
Oil Market Dynamics
At the close of last Wednesday’s formal trading session, WTI increased 95 cents to settle at $61.84 a barrel. The EIA reports that crude oil inventories decreased by 2.8 million barrels from the previous week. At 440.4 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
