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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 reports Refineries recovering from Hurricane Harvey, Irma Stirs Uncertainty

September 6, 2017

AAATampa, FL Gas prices spiked during the past week in response to Hurricane Harvey’s impact on the fuel refining region in the Gulf Coast.

This left motorists with the most expensive Labor Day gas prices in three years. Just as operations in the Gulf Coast begin to recover, motorists are faced with the potential of another major storm. 

Gas Prices rise due to Hurricane Harvey's impact on Gulf Coast oil refineries.

Gas Prices rise due to Hurricane Harvey’s impact on Gulf Coast oil refineries.

[Read more]

AAA reports Gas Prices Rise in Florida, remain Steady in Georgia and Tennessee

March 27, 2017

AAATampa, FL Motorists saw modest movement at the gas pump last week. Gas prices inched higher in Florida, slipped slightly lower in Georgia, and remained the same in Tennessee.

“This is the type of volatility we expect to see at the pump this time of year, as supply and demand patterns shift,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.

Gas Prices drop some in Tennessee.

Gas Prices drop some in Tennessee.

[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 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]

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 Gas Prices Fall for Twenty Consecutive Days

January 30, 2017

AAATampa, FLIncreased U.S. crude oil production and lower gasoline demand has kept downward pressure on the national average price at the pump, which has fallen for 20 consecutive days.

Today’s national average price for regular unleaded gasoline is $2.22 per gallon, down eight cents versus last week, a decline of 7 cents compared to one month ago and 41 cents more per gallon year-over-year.

Seasonal demand pushes gas prices lower but refinery maintenance may cause prices to rebound

Seasonal demand pushes gas prices lower but refinery maintenance may cause prices to rebound

[Read more]

AAA reports Gas Prices near $2.00 a gallon in Tennessee

December 15, 2014

AAATampa, FL – Motorists are saving an average of $10.00 for a tank of gas compared to this time last year. Gasoline prices crept closer to $2.00 a gallon last week and nothing is slowing them down. Domestic oil supply is at a three decade high and forecast to keep growing. Meanwhile, the price of oil fell to its lowest level in five years.

“Oil prices are plunging because there is so much oil in the market,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “It’s unclear exactly how long this will continue, but gas prices will keep falling as long as oil prices do. Right now, oil prices are forecast to fall through the first half of next year, which further increases the likelihood of $2.00 gasoline.” [Read more]

 
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