AAA reports Gas Price Average could see Temporary Hike after Hurricane Ida
September 2, 2021
Washington, D.C. – According to AAA, the national gas price average decreased by two cents as of Sunday, the cheapest price since early July, but was back up a penny to $3.15 Monday morning following Hurricane Ida.
The storm has left more than one million people in Louisiana and Mississippi without power and has likely taken about 13% of U.S. refining capacity offline. There were nine oil refineries in Ida’s path; at least four were believed to have shut down operations ahead of the storm.
AAA says Hurricane Ida Likely to Cause Gas Price Fluctuations
August 30, 2021
Nashville, TN – The Tennessee gas price average held steady over last week, however, the aftermath of Hurricane Ida is likely to cause gas price fluctuations leading into Labor Day weekend.
The Tennessee Gas Price average is now $2.85 which is four cents less than one month ago and 86 cents more than one year ago.
Tennessee moves to 9th least expensive gas market in the Nation. (AAA)
AAA reports Memorial Day Travelers will Pay Highest Gas Prices since 2014
May 27, 2021
Washington, D.C. – Motorists hitting the road this week to celebrate the unofficial kick-off to summer will be greeted with the most expensive Memorial Day weekend gas prices since 2014.
The national average has stabilized following the Colonial Pipeline cyberattack, but pump prices are likely to fluctuate leading up to the holiday weekend.
National Gas Price Average Declines for First Time since Colonial Pipeline Shutdown. (AAA)
AAA reports Tennessee Gas Prices fall around Two Cents
May 25, 2021
Nashville, TN – Tennessee gas prices are down by nearly two cents on the week as over 687,000 Tennesseans prepare to hit the road for Memorial Day Weekend.
The Tennessee Gas Price average is now $2.88 which is 18 cents more than one month ago and $1.18 more than one year ago.
Tennesseans will find the most expensive Memorial Day pump prices since 2014. (AAA)
AAA reports Southeast Continues to See Tight Supply as Gas Prices Stabilize
May 23, 2021
Washington, D.C. – The national gas price average is the most expensive in six years at $3.04. Gas prices were expected to flirt with $3.00/gallon leading up to Memorial Day weekend, but last week’s shutdown of the Colonial Pipeline caused prices to spike weeks ahead of the holiday.
On the week, the national average jumped eight cents.
Gas prices likely to still be fluctuating in some southern states during Memorial Day Weekend. (AAA)
AAA reports Tennessee Gas Prices Rise 18 Cents in Aftermath of Colonial Pipeline Shutdown
May 22, 2021
Nashville, TN – AAA says gas prices across Tennessee jumped nearly 18 cents over last week in response to the recent Colonial Pipeline shutdown that led to a deluge of demand for gasoline as well as tight gasoline supply across the Southeast.
The Tennessee Gas Price average is now $2.89 which is 19 cents more than one month ago and $1.27 more than one year ago.
Gas price fluctuations expected leading up to Memorial Day weekend. (AAA)
AAA says Memorial Day Holiday Travel to Rebound to More Than 37 Million
May 16, 2021
Orlando, FL – AAA Travel expects a significant rebound in the number of Americans planning to travel this Memorial Day holiday weekend.
From May 27th through May 31st, more than 37 million people are expected to travel 50 miles or more from home, an increase of 60% from last year when only 23 million traveled, the lowest on record since AAA began recording in 2000.
The return of AAA’s Memorial Day holiday travel forecast predicts 60% more travelers than last year, still nearly 6 million fewer than pre-pandemic. (AAA)
AAA reports Motorists to see Relief in Southeast with Restart of Colonial Pipeline
May 13, 2021
Washington, D.C. – AAA says motorists in the southeast can expect to see fuel flowing at local pumps in coming days. Late on Wednesday, the Colonial Pipeline announced the restart of pipeline operations.
While it will take several days for operations to get back to normal, this news will help to ease the supply strain seen on the East Coast – especially in southern Virginia, the Carolinas, Georgia and Tennessee.
Supply Strained Areas Prioritized for Gasoline Deliveries in Days Ahead. (AAA)
AAA says National Gas Price Average to climb this week due to Colonial Pipeline shutdown
May 12, 2021
Washington, D.C. – On the week, the national gas price average jumped six cents to $2.96. If the trend continues, an increase of three more cents would make the national average the most expensive since November 2014 –the last time we saw average prices at $2.99 and higher.
AAA forecasts gas prices to climb this week in reaction to the shutdown of the Colonial Pipeline, which delivers approximately 45% of all fuel to the East Coast.
Gas Prices Jump Six Cents on Week, Likely to Climb Higher with Major Pipeline Shutdown. (AAA)
AAA reports Supply Continues to Outpace Demand at Benefit to Motorists
October 16, 2020
Tampa, FL – Over the weekend Hurricane Delta made landfall in southwestern Louisiana as a category 2 hurricane. While the storm caused some disruptions, refineries are reporting operations have resumed.
The Colonial Pipeline Line 1, the main gas line, was down temporarily over the weekend due to loss of power, which has since been restored as well as service. Line 2, the distillates line, is currently shutdown without power.
National Gas Price Average remains Stable despite recent Hurricanes. (AAA)
