Yellow Pages -  Business Directory Plus
Detailed Weather Reports, Event Calendar and Movie Showtimes
Home - Set as Homepage - Add to Favorites - Contact Us
Discover Paris TN,  Henry County Tennessee
Discover Paris TN,  Henry County Tennessee Photo Gallery and Video Gallery
Detailed Weather Reports, Event Calendar and Movie Showtimes Tuesday - February 18, 2020  
Yellow Pages -  Business Directory Plus


 
Information Articles for the Paris TN and Henry County Tennessee area

Articles

Information Articles for the Paris TN and Henry County Tennessee area

AAA reports Tennessee Gas Prices Still Declining

February 4, 2020 | Email This Post Print This Post
 

AAANashville, TN – AAA says Tennessee gas prices have dropped 16 cents in the last 30 days and are expected to trend even lower in the coming week.

The Tennessee Gas Price average  is $2.23 which is five cents cheaper than last week, 16 cents less than one month ago, and 20 cents more than one year ago.

Tennessee average gas price declines consecutively for 30 days. (AAA)

Tennessee average gas price declines consecutively for 30 days. (AAA)

“Gas prices are pushing cheaper for two reasons: crude oil prices are $10.00 less a barrel than one month ago and U.S. gasoline stocks sit at an all-time record high,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group.

“Cheaper crude and healthy stock levels mean motorists can expect prices to continue to decline this month,” Cooper stated.

National Gas Prices

The national gas price average is $2.47, which is four cents cheaper than last week and 11 cents cheaper than the beginning of the year.

Motorists in at least a dozen states can find gas for less than $2/gallon. Those gas stations are mostly found in the South and Southeast.

Oil Market Dynamics

At the close of Friday’s formal trading session on the NYMEX, WTI dropped by 58 cents to settle at $51.56. For the second week, crude prices have decreased as a result of increased market concerns regarding the growing impact of the coronavirus on global travel. If global travel demand decreases, global crude demand would likely follow suit and result in lower global crude consumption.

If market concerns regarding the virus continue to grow this week, crude prices could drop again.

Tennessee Regional Prices

  • Most expensive metro markets –  Morristown ($2.31), Jackson ($2.29), Memphis  ($2.29)
  • Least expensive metro markets – Cleveland ($2.05), Chattanooga ($2.11), Clarksville ($2.16)

AAA Gas Price Averages

(Price per gallon of regular unleaded gasoline)

  Monday Sunday Week Ago Month Ago One Year Ago
National $2.47 $2.47 $2.52 $2.59 $2.26
Tennessee $2.23 $2.24 $2.28 $2.39 $2.03
Click here to view current gasoline price averages

                                                           

[320center]

Gas Price Survey Methodology

AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.

About AAA – 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, banking, financial services, and travel offerings to over 13.5 million members across 13 U.S. states, the province of Quebec and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Carolina, North Dakota, Tennessee, Wisconsin, Puerto Rico, South Carolina 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 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.

Be Sociable, Share!
 

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.

 
|Home|Articles|Movie Theatre|Photo Gallery|Weather|Contact Us|
 
 
©2008 Discover Paris TN, Paris TN Web Design and Hosting by Compu-Net Enterprises.