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Information Articles for the Paris TN and Henry County Tennessee area

Articles

Information Articles for the Paris TN and Henry County Tennessee area

AAA says as Oil Plummets Gas Prices could fall 5-10 Cents

March 13, 2017

AAATampa, FL – The falling price of oil dragged gas prices lower last week. The national average price for a gallon of regular unleaded is $2.30, down 1-cent from the week before, a downward trend that is likely to continue in the near future.

“The oil market suffered a ‘mini collapse’ last week, following reports of a record build in domestic crude oil,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “This will postpone the customary spring-time gas price spike. Prices could drop 5-10 cents in the short term, but this downward trend may only be temporary.”

Oil Prices Drop

Oil Prices Drop

[Read more]

Gas Prices Remain Steady Despite Increased U.S. Production reports AAA

March 7, 2017

AAATampa, FL – Oil prices slipped fractions of a penny over the weekend, reaching today’s national average price for regular unleaded gasoline of $2.31 per gallon. Today’s price is still two cents more than one week ago, four cents more compared to one month ago and 50 cents more per gallon year-over-year.

Retail prices continue to fluctuate but have remained between $2.28-2.32 for more than a month as reports of increased U.S. production continues to counter OPEC rebalancing efforts.

National Average Gas Price Comparison, 2015-2017-March 6th [Read more]

AAA reports Gas Prices Level Off

March 6, 2017

AAATampa, FL – Gas prices are holding steady after inching up last week. The national average price for a gallon of regular unleaded is $2.31 – nearly 3 cents more than a week ago. Compared to last year, motorists are paying 50 cents more for a gallon of gasoline and $7.00 more for a full tank of gas.

“Last week’s price hike is pretty normal for this time of year, and there will likely be more of that to come in the next few months,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.

Gas Prices still 50 cents more than last year

Gas Prices still 50 cents more than last year

[Read more]

AAA says Gas Prices to rise 35-70 cents in Spring

February 27, 2017

AAATampa, FL – Refineries are easing into maintenance season, which normally signals a gradual increase in prices at the pump. Throughout the past five years, gas prices rose 35-70 cents from February to Memorial Day, and motorists should expect the same this year. 

“The seasonal increase hasn’t begun yet, but it’s coming,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.

Gas prices to go up in the Spring.

Gas prices to go up in the Spring.

[Read more]

AAA reports Average Gas Prices Remain Steady Despite Low Demand

February 22, 2017

AAATampa, FL – National gas prices have increased fractions of a penny to reach today’s average price for regular unleaded gasoline, which is $2.28 per gallon. Today’s average is the same as one week ago, five cents less compared to one month ago and 56 cents more than the same date last year.

Prices continue to remain flat due to lower driving demand and an oversupplied market as a result of increased U.S. production. As refinery maintenance season begins and driving demand increases, we could expect to see some of the gasoline supply in the U.S. soaked up.

National Average Gas Price Comparison, 2015-2017-February [Read more]

AAA reports Gas Prices are holding Steady for now

February 21, 2017

AAATampa, FL Motorists saw little movement in pump prices this week. But gasoline could soon be on the rise as spring approaches due to refinery maintenance, an increase in driving and the switch to summer-blend fuels. 

Currently, the national average for a gallon of regular unleaded gasoline is $2.283, up four-tenths of a cent from last week, down 5 cents from a month ago and 56 cents higher year-over-year. 

The price of gas should take a seasonal upswing in the coming weeks.

The price of gas should take a seasonal upswing in the coming weeks.

[Read more]

AAA reports Gas Prices Stay Steady

February 13, 2017

AAATampa, FL Prices at the pump rose slightly this week. The national average for a gallon of regular unleaded gasoline is $2.279 today, up nearly a penny from last week, down 8 cents from a month ago and an increase of 58 cents over last year. 

“Low demand is keeping downward pressure on gasoline prices,” said Josh Carrasco, spokesman, AAA – The Auto Club Group. “OPEC’s cuts are being offset by increases in domestic oil production, high gasoline and oil inventories and a drop in gasoline demand. Gas prices should remain steady in the near-term before taking their seasonal upswing as we head into the spring.”

The price at the pump see little movement this week according to AAA. (AAA)

The price at the pump see little movement this week according to AAA. (AAA)

[Read more]

AAA says Gas Prices Remain Stable Despite Record Low Demand

February 10, 2017

AAATampa, FL – The national average price of regular unleaded gasoline remained relatively stable over the past week, settling at today’s price of $2.27 per gallon.

Although today’s average remains flat compared to one week ago, drivers are paying ten cents less per gallon month-over-month, and 52 cents more per gallon year-over-year.

National Average Gas Price Comparison, 2015-2017-January [Read more]

Motorists continue to see Slow Declines at the Pump

February 7, 2017

AAATampa, FL Motorists continue to see a slow decline in prices at the pump this week. Today’s national average price for regular unleaded gasoline is $2.272 per gallon, which is fractions of a penny less than one week ago, nine cents less than one month ago and 51 cents more per gallon year-over-year.

“Increased domestic oil production and low seasonal demand continue to push gas prices lower,” said Josh Carrasco, spokesman, AAA – The Auto Club Group. “Oil and gas inventories are above-average for this time of year, which should continue to keep downward pressure on pump prices in the short-term.”

Domestic oil production keeps downward pressure on gasoline prices

Domestic oil production keeps downward pressure on gasoline prices

[Read more]

AAA reports National Gas Price Average Drops for 21 Consecutive Days

January 31, 2017

AAATampa, FL – Continual growth in the number of U.S. oil rigs and the increased drilling it implies are raising expectations for a climb in domestic oil production. Additionally, increased U.S. crude oil production coupled with lower driving demand has kept downward pressure on the national average price at the pump, which has fallen for 21 consecutive days.

Today’s national average price for regular unleaded gasoline is $2.27 per gallon, down four cents versus one week ago, five cents less than one month ago, but 47 cents more per gallon year-over-year.

National Average Gas Price Comparison, 2015-2017-January [Read more]

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