How Fuel Prices Stand as Georgia’s Gas Tax Break Ends
Summary
Georgia’s temporary gas tax break ended on June 2, causing fuel prices in the state to rise by about 33 cents per gallon. Although U.S. gas prices have started to fall, overall fuel costs remain high due to ongoing global energy issues.Key Facts
- Georgia drivers will pay more at the pump after the state’s gas tax holiday expired on June 2.
- The tax break had lowered gas prices by approximately 33 cents per gallon.
- Governor Brian Kemp extended the suspension for two weeks to cover Memorial Day, but chose not to extend it further.
- The national average price for regular gasoline was about $4.26 per gallon on June 3.
- Georgia’s gas prices have been lower than the national average, around $3.79 per gallon recently.
- Fuel prices remain higher than before the Iran war increased tensions and disrupted energy supplies.
- Analysts say it may take until late 2026 or early 2027 for production and trade to return to normal.
- Ongoing supply disruptions and market uncertainty continue to keep fuel prices elevated.
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