Georgia gas prices have reversed course after weeks of increases, with the statewide average falling to $3.78 a gallon for regular unleaded gasoline.
The average price is down 3 cents from a week ago and 11 cents from a month ago, according to AAA. Despite the recent decline, Georgia motorists are still paying 88 cents more per gallon than they were a year ago.
Lower gasoline demand and strong refinery production have helped increase fuel supplies and ease prices.
“After weeks of increases, Georgians are finally getting some relief at the pumps,” said Montrae Waiters, spokeswoman for AAA – The Auto Club Group. “The recent decline is encouraging, but drivers shouldn’t get comfortable just yet. Crude oil prices remain elevated, and continued geopolitical uncertainty could quickly put upward pressure on gasoline prices. For now, drivers can take advantage of the lower prices while they last.”
At the current statewide average, filling a 15-gallon tank with regular gasoline costs about $56.70.
Georgia gas prices vary by metro area
Hinesville-Fort Stewart had the highest average gas price among Georgia metro markets at $3.83 a gallon, followed by Savannah at $3.81 and Atlanta at $3.79.
The state’s least expensive metro markets were Albany at $3.67, Rome at $3.69 and Dalton at $3.70.
What about Cobb County?
Cobb County’s average price is about the same as the statewide average.
National gas price remains above $4 a gallon
Nationwide, the average price for regular gasoline slipped 2 cents to $4.07 a gallon. The national average has remained above $4 throughout August as crude oil prices hover around $80 per barrel amid volatility in the Strait of Hormuz.
At $4.07, the national average is 88 cents higher than the $3.19 average recorded a year ago. The national average was $4.09 both a week and a month ago.
If prices remain at current levels, August is on track to become the most expensive August on record for gasoline, surpassing the previous record set in 2022.
Georgia’s current $3.78 average remains below the state’s record high of $4.49, set June 15, 2022. The national record is $5.01, set June 14, 2022.
EV Charging rates
EV charging rates were hovering around 42 cents per kilowatt hour at commercial DC fast charging stations, both nationally and in Georgia.
Home charging is much cheaper, particularly during overnight off-peak hours. Check your local utility provider for rates.
Editor’s note: AI was used in the production of this article. To read about when and why we made use of AI, read our article “How, When and Why the Cobb County Courier uses AI.”