Monday, March 24, 2025–9:06 a.m.
-AAA South-
The Georgia gas price average rose at the pumps compared to a week ago.
Georgians now pay an average price of $2.94 per gallon for regular unleaded gasoline, which is 5 cents more than a week ago, but still 5 cents less than a month ago, and 41 cents less than last year. It costs drivers an average of $44.10 to fill a 15-gallon tank of regular gasoline. Georgians are paying almost $7.00 less to fill up at the pump than a year ago.
“Typically, gas prices drop if demand is low and crude oil is cheaper. Unfortunately, not this time,” said Montrae Waiters, AAA- The Auto Club Group spokeswoman. “Some refineries are switching to summer blend gasoline, which works better in the heat and costs more to make. However, there is still good news. Georgia drivers are paying 18 cents less than the national average of $3.12.”
Local averages on Monday were $2.87 in Floyd County and Gordon County, $2.81 in Chattooga County, $2.89 in Polk County, and $2.94 in Bartow County.
Nationally
Gas Prices Head Uphill
Since last Monday, the national average for a gallon of regular gasoline has increased by 5 cents to $3.12 (subject to change overnight) after weeks of little movement. According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9.18 barrels daily to 8.81. Total domestic gasoline supply decreased from 241.1 million barrels to 240.6. Gasoline production increased, averaging 9.6 million barrels per day.
Oil Market Dynamics
At the close of last Wednesday’s formal trading session, WTI rose 26 cents to settle at $67.16 a barrel. The EIA reports that crude oil inventories increased by 1.7 million barrels from the previous week. At 437.0 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.
