Ga., S.C. gas prices continue to fall along with national average

AUGUSTA, Ga. (WRDW/WAGT) – Georgia and South Carolina common fuel costs have proven a lower up to now week.

The typical value in Georgia is $3.15 per gallon, lowering by 6 cents, in line with AAA.

Augusta’s fuel value common as of Monday is $3.17, down 3 cents in per week, in line with AAA.

Georgia’s common fuel value is 22 cents beneath the nationwide common, in line with AAA.

In response to a examine from HiRoad, Georgia is amongst a few of the most inexpensive states for fuel in the entire of the U.S., relative to localized wage knowledge.

Residents can count on 16.7% of their common hourly wage to cowl the price of a single gallon of fuel. This makes Georgia the tenth most inexpensive state to purchase fuel, relative to native salaries, in line with the examine.

Georgia is one in every of solely two states which noticed the relative affordability of fuel enhance over the course of 2022. On common, Georgian residents may count on to spend $1,435 yearly on refueling their automobiles in 2022, in line with the examine.

In the meantime, the common in South Carolina is $3.01, down 5 cents from final week.

In response to AAA, Aiken and Edgefield counties’ fuel costs are on the common of $3.13, down by 3 cents up to now week.

Within the HiRoad examine, South Carolina’s rating went from 17.6% in 2021 to 18.1% in 2022 for the common hourly wage per gallon of fuel.

In response to AAA, the nationwide common fuel value has gone down 4 cents to $3.37.

“Some 9 out of 10 states noticed declines during the last week, so the drops are exhibiting up for many throughout the nation,” GasBuddy chief petroleum analyst Patrick De Haan mentioned. “For the weeks forward, custom tells us to count on costs to maneuver up finally, however that could possibly be at the very least partially offset by inflationary knowledge that continues to be hotter than anticipated, resulting in nervousness that the Fed will increase rates of interest and cooling the economic system and oil demand significantly.”

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