Monday, January 13, 2025–10:10 a.m.
-AAA South-
The Georgia gas price average increased at the pumps compared to a week ago.
Georgians pay an average price of $2.93 per gallon for regular unleaded gasoline.
Monday’s state average is 3 cents more than a week ago, 1 cent more than a month ago, and 1 cent less than last year.
It costs drivers an average price of $43.95 to fill a 15-gallon tank of regular gasoline. Georgians now pay approximately 15 cents less to fill up at the pump than a year ago.
“This month, oil prices increased unexpectedly due to speculation that China’s demand would surge, which likely contributed to an uptick in gas prices across the U.S.,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Unpredictable global moves and threats of extreme weather could cause gas prices to ebb and flow for the coming weeks.”
Local averages on Monday were $2.88 in Floyd County, $2.86 in Gordon County, $2.91 in Bartow County, $2.91 in Polk County, and $2.78 in Chattooga County.
Nationally
U.S. Keeps Global Oil Production Crown
Since last Monday, the national average for a gallon of regular gasoline has held steady at $3.06. According to data from the Energy Information Administration (EIA), gasoline demand rose from 8.16 million barrels a day last week to 8.48. Meanwhile, total domestic gasoline stocks soared from 231.4 million barrels to 237.7, while gasoline production decreased last week, averaging 8.9 million barrels daily. The retail price for regular-grade gasoline averaged $3.30 per gallon in 2024, 21 cents less than in 2023.
The EIA also reported that the United States produced more crude oil than any other nation in the six years 2018-2023. Last year’s numbers are still being crunched, but the trend will likely continue. Crude oil production in the United States averaged 12.9 million barrels daily in 2023, breaking the previous U.S. and global record of 12.3 million in 2019. The EIA says the 2023 oil production record is unlikely to be damaged by another country anytime soon.
