April 5th, 2021 – 10:20 AM
AAA – The Auto Club Group –
Georgia gas prices decreased marginally at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.71 per gallon for regular unleaded gasoline. Monday’s state average is 1 cent less than a week ago, 13 cents more than last month, and 94 cents more than this time last year.
It now costs motorists $40.65 to fill a 15-gallon tank of gasoline; that is $3.75 more than what motorists paid in January of 2020, when pump prices hit their peak of $2.46 per gallon.
“Cheaper crude oil prices are putting downward pressure on pump prices for the majority of motorists,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “Georgians may see less expensive gas prices this coming week, but not enough to indicate a steady trend just yet.”
NATIONAL AVERAGE
Since last Monday, the national average for a gallon of regular gasoline has decreased by 1 cent to $2.87. Demand is one factor influencing gas prices. The Energy Information Administration (EIA) reported last week that demand was up by 174,000 b/d to 8.6 million barrels a day. That reading is just 222,000 barrels a day short of levels one year ago, when demand started to dip. If demand continues to increase, prices could follow. Gasoline stocks also saw a moderate increase with a build of 200,000 barrels a day. However, refinery utilization hit 82% indicating we could see a larger build in stocks this week, a factor that could help keep pump prices in check.
REGIONAL PRICES
Atlanta ($2.71)
- Most expensive Georgia metro markets – Hinesville-Fort Stewart ($2.78), Savannah ($2.77), and Brunswick ($2.75).
- Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.63), Albany ($2.64), and Gainesville ($2.67).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
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Sunday
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Saturday
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Week Ago
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Month Ago
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One Year Ago
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2020
Low |
2020
High |
Record High
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National
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$2.87
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$2.87
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$2.86
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$2.74
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$1.94
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$1.76 (April)
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$2.59 (January)
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$4.11 (7/17/2008)
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Georgia
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$2.71
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$2.71
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$2.72
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$2.58
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$1.77
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$1.61 (May)
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$2.46 (January)
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$4.16 (9/15/2008)
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Click here to view current gasoline price averages
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