AAA reports Gas Demand Rises, Prices at Pump Climb
June 16, 2020
Tampa, FL – Americans are filling up at the pump more and more. Since mid-May, gasoline demand has increased 18% to 7.9 million b/d, according to the latest Energy Information Administration (EIA) report.
The slow, but steady rise in demand has pushed the national pump price more expensive by 13% in the same time frame. Today’s national average is $2.10. That is seven cents more on the week, 24 cents more on the month, but 59 cents cheaper on the year.
Prices at the Gas Pump continue to climb with increased demand. (AAA)
Remarks by President Trump on the Jobs Numbers Report
June 9, 2020
Washington, D.C. – PRESIDENT DONALD TRUMP: Well, thank you very much. This is a very big day for our country. It’s affirmation of all the work we’ve been doing, really, for three and a half years. This isn’t just over the last few months; this is for three and a half years.
And it’s a great thing. We were very strong. We had the greatest economy in the history of our country. We had the greatest economy in the history of the world. And that strength let us get through this horrible pandemic, largely through. I think we’re doing really well.
U.S. President Donald J. Trump
New COVID-19 Forecasts Show Fragile Balance but Early Promise for Quiet Summer Across Many United States Counties
June 7, 2020
Philadelphia, PA – New four-week COVID-19 projections released today by PolicyLab at Children’s Hospital of Philadelphia (CHOP) show while many U.S. counties are experiencing increased cases of the virus as they reopen, large second waves of widespread community transmission are not currently forecasted in most areas.
Coronavirus
National Gas Price Average rises close to $2.00/Gallon
June 2, 2020
Tampa, FL – The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase.
However, demand is still down nearly 25% compared to last year, according to the Energy Information Administration’s (EIA) latest reports.
National gas price average has increased to $1.97. (AAA)
AAA reports only 12 States have Gas Price Average of $2.00/Gallon or More
May 3, 2020
Tampa, FL – As gas prices continue to push cheaper across the country, only one dozen states carry an average of $2.00/gallon or more. The national average is $1.77, which is four cents less than last week, 28 cents cheaper than last month and $1.11 less than a year ago.
Crude oil prices were extremely volatile last week, pushing negative for the first time ever, but they did make significant gains to end the week in the positive.
Most states have Gas Price Average below $2.00/Gallon. (AAA)
Reopening America, One Step at a Time
April 30, 2020
Washington, D.C. – President Donald Trump announced two weeks ago that America had turned a corner in its war on the Coronavirus. “The battle continues,” he said, “but the data suggests that nationwide we have passed the peak on new cases.”
The next day, he unveiled guidelines for states to begin safely reopening our country.
U.S. President Donald J. Trump
AAA says Gas Demand Plummets pushing Pump Prices Lower
April 20, 2020
Tampa, FL – AAA says that the national gas price average has steadily declined for seven weeks, pushing the average cheaper by 61-cents to $1.86 today. During this time frame (since late February), U.S. demand for gasoline has decreased 44% to 5 million b/d as gasoline inventories build across the country.
“We are seeing fast and furious gasoline demand destruction. The latest data reveals demand levels not seen since spring of 1968,” said Jeanette Casselano, AAA spokesperson. “Every U.S. region is seeing builds in gasoline inventories and crude storage, which is just driving pump prices even cheaper.”
No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)
Federal Support for Governors’ Use of the National Guard to Respond to Coronavirus
March 29, 2020
Providing Federal Support for Governors’ Use of the National Guard to Respond to Coronavirus (COVID-19)
Washington, D.C. – By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Robert T. Stafford Disaster Relief and Emergency Assistance Act, 42 U.S.C. 5121-5207 (the “Stafford Act”), and section 502 of title 32, United States Code, it is hereby ordered as follows:
Section 1. Policy. It is the policy of the United States to take measures to assist State Governors in their responses to all threats and hazards to the American people in their respective States and territories.
AAA reports National Gas Prices continue to decline
February 1, 2020
Washington, D.C. – AAA reports that the national gas price average is $2.51, which is three cents cheaper than last week, four cents less than last month, and 25 cents more than a year ago.
Gas prices have continued to drop over the last week as gasoline stocks grew again, measuring at 260 million bbl – the highest stock level ever recorded by the Energy Information Administration (EIA) since it began recording the data in 1990.
Winter Gas Prices continue to fall due to rising Gas Stocks. (AAA)
AAA says as Temperatures Drop across the Country, so has Gas Prices
January 22, 2020
Tampa, FL – The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago.
Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl – a stock level not recorded by the Energy Information Administration (EIA) in nearly a year.
Gas Prices continue to fall at the pump. (AAA)
