In Georgia, gasoline prices per gallon of regular gasoline fell by an average of another five cents.
According to AAA’s weekly report, the average price of gasoline in Georgia is currently $3.23 per gallon.
“Across Georgia, students have returned to schools and parents are constantly on the go, running out of gas tanks faster than usual, so it was a welcome relief when gas prices at the pumps dropped over the weekend, as if to celebrate the season of back-to-school festivities,” said Montrae Waiters, spokeswoman for AAA-The Auto Club Group. “Moderate crude oil prices and minimal demand keep gas costs at an idyllic low level.”
What will you learn below?
- How do prices in Cobb County compare to the rest of the state?
- What are the national trends in gasoline prices?
- How does AAA arrive at its price estimates?
Gasoline prices in Cobb County
The price of a gallon of regular gasoline in Cobb County is $3,293, about six cents more than the national average.
You can always find cheaper than average gas prices by comparing prices or using tools like http://gasbuddy.com.
What are the national trends?
The AAA’s weekly report on national gas and oil trends states:
Since last Monday, the national average price for a gallon of regular gasoline has increased by 3 cents to 3,44 € (Subject to overnight changes).
According to new data from the Energy Information Administration (EIA), gas demand fell from 9.25 million barrels per day to 8.96 last week. At the same time, total domestic gasoline inventories rose from 223.8 million barrels per day to 225.1 million barrels. Gasoline production rose last week, averaging 10.0 million barrels per day. Crude oil production reached a historic high of 13.4 million barrels per day. Lower gasoline demand, rising supply and stable oil prices could lead to further falling pump prices.
How does AAA set gas prices?
According to AAA:
“AAA updates average fuel prices daily by www.GasPrices.AAA.com. In collaboration with the Oil Price Information Service (OPIS) and Wright Express, up to 130,000 gas stations are examined daily using credit card queries and direct feeds to achieve unmatched statistical reliability.
“All average retail prices in this report are per gallon of regular unleaded gasoline.”
