Georgia – Georgia residents are beginning to feel the pain at the pump as gas prices have marginally increased over the past week. Based on most recent AAA data, Georgia’s average gallon of gas price currently comes at $2.96, a three-cent rise over last week.
Prices up 4 cents over the past month likewise reflect this increasing tendency. Still, this week’s average stays in line with past year’s prices.
The spike in prices can be attributed to several factors. Rising crude oil prices, which have been affected by a mix of the increased demand for heating during the winter season and additional sanctions against Russia, explain the increase, according AAA spokesman Montrae Waiters.
“Crude oil prices have shot up, intense demand for heating this chilly season and fresh sanctions against Russia,” Waiters said. “Drivers should always remember that oil prices shape 56% of your gas station tab. So, pricier oil means your wallet also feels it at the gas pump.”
Read also: I-75 Northwest Corridor and South Metro express lanes shut down until roads are safe
Nationwide, the pattern is similar; gas prices climb by 6 cents to an average of $3.12 per gallon. Current oil prices, which are hovering about $80 a barrel, affect this national increase.
AAA is giving drivers tips on how to save gasoline in reaction to the growing costs. Advice calls for keeping vehicles to guarantee best fuel economy, combining tasks to cut travel time, and keeping a constant pace on the road. These methods can help to lessen the effect of more expensive fuels.
Read also: GDOT prepares roadways as severe winter weather looms across Georgia
Georgia and others drivers throughout the country will be paying attention to both weather conditions and geopolitical events that can affect gas prices as the situation progresses. Using fuel-saving methods can help somewhat offset the growing gas station expenses in the meantime.