AAA says Gasoline Demand Drops to Lowest Level in Four Months
October 31, 2020
Tampa, FL – AAA reports gasoline demand has dropped significantly since the beginning of the month, down from 8.8 million b/d to 8.2 million b/d, according to the latest Energy Information Administration (EIA) report.
This latest demand measurement is the lowest since mid-June. While the drop isn’t out of the ordinary for this time of year, people tend to drive less in the fall, it is a staggering 14% less than last October.
Gasoline demand drops in the United States. (AAA)
AAA reports Tennessee Gas Price Average Remains Stable
October 13, 2020
Nashville, TN – The Tennessee gas price average remains unchanged since last week. The Tennessee Gas Price average is $1.94 which is exactly where prices were one month ago and nearly 41 cents less than one year ago.
“In a typical year, a hurricane season like we’ve experienced this year would have caused gas prices to spike, but 2020 is not a typical year,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “Low U.S. gasoline demand has helped contain any impact to gas prices locally and regionally throughout this hurricane season.”
Tennessee remains 9th least expensive gas market in nation. (AAA)
National Gas Price Average Holds Steady as Demand Grows Slightly
October 4, 2020
Tampa, FL – The latest Energy Information Administration (EIA) report measures demand at 8.52 million b/d, which is a slight uptick from the previous week’s 8.48 million b/d. However, the small increase is still 850,000 b/d lower than last year at this time.
“Low demand, even as gasoline stocks decline, has helped pump prices decline or hold steady on the week,” said Jeanette Casselano, AAA spokesperson.
Gas prices dropped some in most states this week. (AAA)
AAA reports Tennessee Gas Price Average Declines Two Cents
October 3, 2020
Nashville, TN – The Tennessee gas price average declined two cents from last week. The Tennessee Gas Price average is now $1.92 which is seven cents less than one month ago and 46 cents less than one year ago.
“Gasoline stocks declined over the week, but low demand helped push pump prices lower both locally and nationally,” said Stephanie Milani, Tennessee public affairs director, AAA – The Auto Club Group. “That trend is likely to continue into the fall as the season sees fewer road trips, especially amid the pandemic.”
Tennessee average falls to eighth lowest in United States. (AAA)
AAA reports Low Gas Demand Continues to Push National Average Lower
September 26, 2020
Tampa, FL – The latest Energy Information Administration (EIA) report measures demand at 8.48 million b/d, which is a slight uptick from the previous week’s 8.39 million b/d.
However, the small increase — likely due to holiday road trips — is still 461,000 b/d lower than last year at this time. Low demand, even as total domestic stocks of gasoline declined to 231.5 million bbl, has helped keep pump prices low.
Gas prices at the pump fall slightly. (AAA)
AAA reports Tennessee Gas Price Average Remains Stable
September 23, 2020
Nashville, TN – The Tennessee gas price average remains unchanged from last week. The Tennessee Gas Price average is now $1.94 which is three cents more than one month ago and 46 cents less than one year ago.
“We are heading into the fall driving season where we typically see a drop in demand due to fewer road trips. A continued drop in demand should lead to a decrease in prices at the pump,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “However, some volatility at the pump may be possible this week as Tropical Storm Beta heads toward the gulf coast later today.”
Tennessee remains the 9th least expensive gas market in the nation. (AAA)
AAA reports Tennessee Gas Prices drop as Tropical Storm Sally approaches Gulf Coast
September 15, 2020
Nashville, TN – The Tennessee gas price average continues to trend lower as Tropical Storm Sally moves toward the Gulf Coast.
The Tennessee Gas Price average is now $1.94 which is down three cents from last week, three cents more than one month ago and 34 cents less than one year ago.
Tennessee gas price average falls three cents over last week. (AAA)
AAA reports National Gas Price Average rises One Cent
August 25, 2020
All Eyes on Tropical Storms
Tampa, FL – At $2.18, the national gas price average increased by one cent on the week according to AAA. That is the same price as a month ago and 41 cents cheaper than a year ago.
The minimal change reflects the slow movement at pumps across the country on the week. The vast majority of states (30) saw pump prices fluctuate by a penny, if at all.
AAA says the National Average may have Peaked for the Year
August 21, 2020
Tampa, FL – The national gas price average has pushed only as expensive as $2.20 since the beginning of the COVID-19 Coronavirus pandemic, and that happened just one month ago.
In the last four weeks, motorists have seen the national average slowly decrease, down to today’s average of $2.17 despite gasoline demand last week reaching the highest measurement (up to 8.88 million b/d) since Mid-March, according to the latest Energy Information Administration (EIA) weekly report.
AAA reports Tennessee Gas Prices increase nearly a cent
August 19, 2020
Clarksville-Montgomery County has the 3rd Cheapest Gas Prices in Tennessee
Nashville, TN – Tennessee gas prices, on average, increased only slightly over last week, rising nearly a penny. The Tennessee Gas Price average is now $1.90 which is four cents less than one month ago and nearly 44 cents less than one year ago.
“Gas prices across the state are likely to fluctuate during back to school season, but we expect them to remain low,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “We’ve likely seen prices at the pump peak for 2020, barring any major hurricane(s).”
Tennessee is now the 8th least expensive market in the United States. (AAA)
