Georgia Gas Price Decline Continues

Staff Report From Georgia CEO

Tuesday, October 3rd, 2017

Georgia gas prices averaged $2.66 on Sunday. The state average dropped 6 cents during the past week. Since peaking at $2.76 on September 12, the state average has declined 19 consecutive days for a total of 15 cents. Despite the recent downturn, motorists are spending an average of 31 cents more at the pump than this time last year.

- The most expensive gas price averages in Georgia are in Atlanta ($2.66), Athens ($2.64), and Valdosta ($2.58)

- The least expensive gas price averages in Georgia are in Augusta-Aiken ($2.51), Albany ($2.52), and Columbus ($2.54)

"No need to rush to the pump, gas prices should get even cheaper as the week progresses," said Mark Jenkins, spokesman, AAA-The Auto Club Group. "Prices are still inflated after hurricanes Irma and Harvey, but will keep falling as refinery operations, supplies, imports and exports return to normal. Pump prices have another 20 cents to fall before reaching equilibrium. Expect another 5-10 cent drop this week."