Monday, August 5, 2024–9:26 a.m.
-AAA South-
Georgia’s gas price average declined at the pumps compared to a week ago.
Georgians are paying an average price of $3.28 per gallon for regular unleaded gasoline, which is 5 cents less than a week ago,4 cents less than a month ago, and 38 cents less than this time last year.
It costs drivers an average price of $49.20 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $6.00 less to fill up at the pump compared to a year ago.
“Georgia drivers continue to see relief at the pumps despite a possible storm approaching,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Gas prices may ebb and flow until we get beyond hurricane season and its threats to Gulf Coast oil and gas production and refining.”
Local averages on Monday were $3.15 in Floyd County, $3.16 in Bartow County, $3.18 in Gordon and Chattooga Counties, and $3.27 in Polk County.
Nationally
Gas Prices Tumble as Storm Looms
Since last Monday, the national average for a gallon of regular gasoline decreased by 3 cents to $3.47. The drop came ahead of Tropical Storm Debby which threatened to impact the Gulf of Mexico.
According to new data from the Energy Information Administration (EIA), gas demand slid from 9.45 million barrels a day to 9.25 last week. Meanwhile, total domestic gasoline stocks fell from 227.4 to 223.8 million barrels. Gasoline production decreased last week, averaging 10.0 million barrels per day.