Monday, February 24, 2025–8:40 a.m.
-AAA South-
The Georgia gas price average declined slightly at the pumps compared to a week ago. Georgians now pay an average price of $2.99 per gallon for regular unleaded gasoline. Monday’s state average is a penny less than a week ago, 2 cents more than a month ago, and 15 cents less than last year.
It costs drivers an average price of $44.85 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $3.00 less to fill up at the pump than a year ago.
“This is a reminder to drivers that we are experiencing a seasonal impact, transitioning from winter gas to the spring mixture, igniting the inevitable rise in prices, as the summer-grade fuel demands a heftier manufacturing cost,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Good news for Georgians is that we saw a modest dip at the pumps; however, we can’t predict that there won’t be higher gas prices this week.”
Local averages on Monday were $2.92 in Floyd County, $2.94 in Bartow County, $2.90 in Gordon County, $2.90 in Polk County, and $2.91 in Chattooga County.
Nationally
Steady at the Pump: Gas Prices Hit Cruise Control
Since last Monday, the national average for a gallon of regular gasoline has decreased by 1 cent to $3.14. This suggests that most drivers saw few changes at the pump this past week. According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 8.57 million barrels a day last week to 8.23. Total domestic gasoline supply dropped from 248.1 million barrels to 247.9. Gasoline production also declined last week, averaging 9.2 million barrels per day.
Oil Market Dynamics
At the close of last Wednesday’s formal trading session, WTI increased 40 cents to settle at $72.25 a barrel. The EIA reports that crude oil inventories increased by 4.6 million barrels from the previous week. At 432.5 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.
