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Information Articles for the Paris TN and Henry County Tennessee area

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Information Articles for the Paris TN and Henry County Tennessee area

Growing Gas Demand Lifts National Average

November 8, 2019 | Email This Post Print This Post
 

AAATampa, FL – AA says in its latest weekly report, the Energy Information Administration data shows that demand for gasoline grew from 9.59 million b/d to 9.78 million b/d last week.

This latest rate is approximately 520,000 b/d higher than last year’s rate at this time. Growing demand, amid tight gasoline supplies, has contributed to a nominal increase in the national average – one cent since Monday.

Gas Prices rise Nationally. (AAA)

Gas Prices rise Nationally. (AAA)

Gasoline stocks decreased for a fifth consecutive week by 3 million bbl to 220.1 million bbl, which is 6.1 million bbl lower than last year’s level at this time.

About The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. 

ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile.

Visit AAA on the Internet at AAA.com.

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