Metro Atlanta gas prices averaging nearly $2.50, big bump from March

Metro Atlantans used to seeing gas prices under $2.30 a gallon over the past several months are doing double-takes this week when they pull up to the pump.

The average price for regular unleaded rose 4 cents a gallon overnight to $2.49 on Tuesday, according to GasBuddy.com’s most recent survey of prices across metro Atlanta.

Metro Atlanta’s average price for regular unleaded was still lower Tuesday than the national average ($2.54), and still lower than the average metro price a year ago ($3.72). (Getty Images)

Metro Atlanta’s average price for regular unleaded was still lower Tuesday than the national average ($2.54), and still lower than the average metro price a year ago ($3.72). (Getty Images)

Prices are up 11 cents since a week ago and 25 cents from a month ago. Some stations, however, were selling regular unleaded for as much as $2.89 an $2.85 a gallon.

Much of the increase can be traced to rising prices for crude oil, with refineries’ passing along the higher costs to retail customers and retailers’ passing along the cost to consumers. Despite an oversupply, crude oil prices are up more than 30 percent since March.

Gas also is more expensive due the switch to a more expensive summer blend, which helps fight air pollution as temperatures rise.

Metro Atlanta’s average price for regular unleaded was still lower Tuesday than the national average ($2.54), and still lower than the average metro price a year ago ($3.72).

The cheapest regular unleaded in metro Atlanta, according to GasBuddy’s survey, could be found at the following locations:

* $2.21 at a Pure station at E. Fairview Road SW and Union Church road in Stockbridge;

* $2.25 at a Valero at West Avenue SW and West Circle SW in Conyers.

* $2.28 at a Sam’s Club on Clairmont Road nearly I-85 in northeast Atlanta.

Reader Comments 0

7 comments
Armydawg
Armydawg

Wait until July 1 when your Republican gas tax hike kicks in and we see a 10 cents hike just for that.  Say hello to $3 gas again.

ljax
ljax

It is always and excuse on why gas prices rise.  Makes no sense with the current supply which is plentiful.  Gas prices in the 90's was under 1.25 per gallon and it should still be under that.  

gaboy983
gaboy983

Oil companies are buying land to store oil because they don't want to sell it at $30/$40 a barrel.  Supply has outpaced demand for a while now but oil companies would rather sit on it than sell at true market value.   In reality we should be looking at late 90's pricing across the board a barrel should cost $15-18 and prices at the pump should be around $0.90-$1.00


Funny thing: all of this while asking to drill in more locations to "keep up with demand"

BigIrishMike
BigIrishMike

US government is no longer buying gas they have full tanks. With the biggest customer off the market it is curious why the price spike. I heard on the radio that it was because of the hostilities in the Middle East.  Are they not  always fighting there? Gas companies are driving up there own prices! No pun intended.

maryjga
maryjga

Gas companies are thieves.   End of Story.