AAA reports Motorists see Minimal Movement at the Pump over Holiday Weekend
June 5, 2021
Washington, D.C. – AAA says that at $3.04, the national gas price average only increased one penny leading up to Memorial Day weekend. The majority of states saw no change to pump prices or a decline on the week.
However, prices may not stay stagnant for long. For the week ending May 21st, demand jumped to 9.4 million b/d—the highest reported number since early March 2020 and up nearly 30% over the same week last year, indicating motorists are filling up more frequently.
With rising demand, crude oil price increases and decreasing supply levels, Gas prices are likely to fluctuate through all of June. (AAA)
AAA reports Tennessee Gas Prices Hold Steady Over Memorial Day Weekend
June 3, 2021
Nashville, TN – Gas prices across Tennessee held steady over Memorial Day weekend. Today’s state gas price average is the same price as one week ago.
The Tennessee Gas Price average is now $2.87 which is 17 cents more than one month ago and $1.15 more than one year ago.
Gas price fluctuations expected this month. (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)
Tennessee Gas Prices Jump 18 Cents after Colonial Pipeline Shutdown
May 19, 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.
Tennessee gas price fluctuations expected leading up to Memorial Day weekend. (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 April Saw Small Pump Price Changes, Larger Increases Likely in May
May 8, 2021
Washington, D.C. – At the start of May, the national gas price average is $2.90, which is three cents more than a month ago.
Pump prices in April saw minimal variability compared to March, which increased 15 cents from start to finish. Stable crude oil prices amid fluctuating demand helped keep the national average price jumps nominal last month.
Gas Prices expected to continue to rise in May. (AAA)
AAA reports Tennessee Gas Prices remain Steady
May 7, 2021
Nashville, TN – The Tennessee gas price average held steady over the last week with the state average remaining unchanged from the previous week. The Tennessee Gas Price average is now $2.69 which is the same as one month ago and $1.15 more than one year ago.
“While April saw minimal fluctuation, May is likely to see much larger increases alongside demand spikes, especially closer to Memorial Day weekend,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “Compared to May 2019, U.S. gasoline demand is down only 4% and gas prices are, on average, just two cents more.”
Tennessee remains the 10th least expensive market in nation. (AAA)
National Gas Price Average rises Two Cents
April 30, 2021
Tennessee has some of the Cheapest Gas Prices in the Country
Washington, D.C. – At 9.1 million b/d, United States gasoline demand recorded its second-highest measurement since mid-March 2020, indicating that motorists are filling up more often.
This latest demand reading is the highest spring number released by the Energy Information Administration (EIA) in two years. In fact, it is only about 3% below the same week in 2019.
U.S. Demand Readings Looking More Like Spring. (AAA)
AAA reports Tennessee Gas Prices go up Six Cents
December 22, 2020
Nashville, TN – The Tennessee gas price average continues to trend upward, climbing six cents over last week. The Tennessee Gas Price average is now $1.98 which is 12 cents more than one month ago and 34 cents less than one year ago.
“The recent gas price pump increases are a bit surprising given December demand numbers are the lowest posted for the month since 1999,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “Rising crude oil prices and tightening supply are the main factors contributing to the uptick in pump prices.”
AAA says increased Gas Inventories will help keep Pump Prices down this Summer. (AAA)
