Georgia Gas Prices Decline 4 Cents

Staff Report From Georgia CEO

Tuesday, June 19th, 2018

Motorists are getting some welcome relief from high prices at the pump. The national average price for a gallon of regular unleaded is averaged $2.90 on Sunday, after declining 7 cents since Memorial Day weekend.

Average Summer Gas Prices
 

                  2014    2015    2016    2017    Today
National    $3.57    $2.71    $2.23    $2.31    $2.90
Florida    $3.50    $2.58    $2.19    $2.25    $2.76
Georgia    $3.48    $2.57    $2.11    $2.18    $2.84
Tennessee    $3.35    $2.45    $2.03    $2.08    $2.65

"Pump prices should sink even lower this week, after wholesale gasoline prices took a dive," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "There is now firm downward pressure on the oil market as it appears increasingly likely that OPEC will agree to ease production cuts. As a result, gas prices are poised for another 5-10 cent drop."

Gas prices in Georgia declined 4 cents last week. Prices at the pump averaged $2.75 per gallon on Sunday. Since peaking at $2.84 on Memorial Day weekend, gasoline has declined nearly 10 cents.

The most expensive gas price averages in Georgia are in Atlanta ($2.80), Athens ($2.78), and Savannah ($2.75)

The least expensive gas price averages in Georgia are in Warner Robins ($2.63), Augusta-Aiken ($2.63), and Albany ($2.64)