Monday, February 17, 2025–9:17 a.m.
-AAA South-
The Georgia gas price average increased at the pumps compared to a week ago.
Georgians now pay an average price of $3.00 per gallon for regular unleaded gasoline, which is 6 cents more than a week ago, 6 cents more than a month ago, and 17 cents less than last year.
It costs drivers an average price of $45.00 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.
“With spring just around the corner, refineries are switching up to their summer fuels and doing their usual tune-ups, which means we might see a bit of a bump in prices around this time,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Also, a major refinery in Northern California hit pause on its operations because of an explosion that took place on February 1st, which also caused prices to rise at the pumps in certain parts of the country.”
Local averages on Monday were $2.93 in Floyd County and Polk County, $2.94 in Gordon County, $3.00 in Bartow County, and $2.87 in Chattooga County.
Nationally
Seasonal Trends Nudge Gas Prices Higher
Since last Monday, the national average for a gallon of regular gasoline has increased by 2 cents to $3.15. As spring approaches, refineries begin transitioning to summer blend fuel, which often increases prices this time of year. Routine seasonal maintenance and an offline refinery in Northern California are putting additional strain on supply. These factors are pushing gas prices up, which means consumers may see higher prices at the pump as warmer months approach.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.32 million barrels a day last week to 8.57. The total domestic gasoline supply dropped from 251.1 million barrels to 248.1, while gasoline production increased, averaging 9.3 million daily.
Oil Market Dynamics
At the close of last Wednesday’s formal trading session, WTI dropped $1.95 to settle at $71.37 a barrel. The EIA reports that crude oil inventories increased by 4.1 million barrels from the previous week. At 427.9 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year.
