Gas prices in Georgia fall only slightly, but remain largely stagnant

Gasoline prices in Georgia saw a slight decline, but the decline has largely come to a halt.

According to AAA's weekly report, gasoline prices in Georgia fell a meager one cent last week and now average $3.22 per gallon for regular unleaded gasoline.

“Last week's slight increase in crude oil prices offset the earlier decline in gasoline prices and dampened hopes for cheaper fuel this week,” said Montrae Waiters, spokeswoman for AAA-The Auto Club Group.

What will you learn below?

1. How do prices in Cobb County compare to the rest of the state?
2. What are the national trends in gasoline prices?
3. 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 $3.28, six cents more than the national average.

It is always possible to find lower gas prices than average by comparing prices or using tools like

What are the national trends?

The AAA’s weekly report on national gas and oil trends states:

Gas prices continue to fall

Since last Monday, the national average price for a gallon of regular gasoline has increased by 3 cents to $3.41 (Subject to overnight changes).

According to new data from the Energy Information Administration (EIA), gas demand rose slightly last week to 9.04 from 8.96 million barrels per day. At the same time, total domestic gasoline inventories fell to 222.2 million barrels from 225.1 million barrels. Gasoline production fell slightly last week, averaging 9.7 million barrels per day. Weak gasoline demand and stable oil prices could lead to further price declines at the pump.

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.”