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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

National Gas Price Average surges Higher

October 26, 2021

AAAWashington, D.C. – The recent surge in the price of gas may seem spooky this Halloween, but it’s not frightening people away from driving as demand continues to rise. The national average price for a gallon of gasoline rose six cents over the past week to hit $3.38.

The pump price has gone up every day in the past 27 days, adding approximately 20 cents to the cost of a gallon of gas.

Ghastly Gas Prices Haunt Consumers at the Pump. (AAA)

Ghastly Gas Prices Haunt Consumers at the Pump. (AAA)

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AAA reports Tennessee Gas Price Average Sees Double-Digit Increase for Second Consecutive Week

October 20, 2021

AAANashville, TN – For the second week in a row, the Tennessee gas price average saw a double-digit increase week-over-week. Since last Monday, gas prices across Tennessee have risen 10 cents, on average. 

The Tennessee Gas Price average is now $3.12 which is 22 cents more expensive than one month ago and $1.18 more than one year ago.  

Rising crude oil prices likely to push pump prices higher again this week. (AAA)

Rising crude oil prices likely to push pump prices higher again this week. (AAA)

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AAA says Cost of Gasoline Is Still Going Up

October 18, 2021

AAAWashington, D.C. – The national average for a gallon of gasoline rose a nickel over the past week to hit $3.32. The primary driver of this surge remains the cost of crude oil, which is now closing daily above $80.00 a barrel. In August, the price of crude was in the low $60.00s per barrel.

“Compared to the price of gas a year ago, it now costs consumers about $17.00 more to fill up their vehicles,” said Andrew Gross, AAA spokesperson. “That’s the cost of a large pizza with toppings. And unfortunately, it doesn’t look like drivers will be finding relief at the pump any time soon.”

National Gas Price Average for a gallon of gasoline went up Five Cents this past week. (AAA)

National Gas Price Average for a gallon of gasoline went up Five Cents this past week. (AAA)

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AAA reports Tennessee Gas Price Average Jumps to $3.00 per Gallon

October 12, 2021

AAANashville, TN – For the first time since October 2014 the Tennessee gas price average rose above $3.00 per gallon. Over last week, Tennessee gas prices jumped nearly 12 cents to the most expensive gas price average so far this year. 

The Tennessee Gas Price average is now $3.01 which is nearly 12 cents more expensive than one month ago and $1.07 more than one year ago. 

Tennessee moves to the 9th least expensive market in nation. (AAA)

Tennessee moves to the 9th least expensive market in nation. (AAA)

[Read more]

Rising Crude Oil Prices means Higher Prices at the Gas Pump

October 11, 2021

AAAWashington, D.C. – The national average price for a gallon of gas rose 8 cents on the week to reach $3.27. This is the highest price since October 2014 and is primarily due to the surging price of crude oil, which crept above $80.00 bbl before edging slightly lower.

“The key driver for this recent rise in the price of gas is crude oil, which typically accounts for between 50% and 60% of the price at the pump,” said AAA Spokesperson Andrew Gross.

Surging price of Crude Oil results in highest National Average Gas Prices in Seven Years. (AAA)

Surging price of Crude Oil results in highest National Average Gas Prices in Seven Years. (AAA)

[Read more]

AAA reports Tennessee Gas Price Average Remains Unchanged

October 5, 2021

AAANashville, TN – After holding steady for two weeks in a row, the Tennessee gas price average remains relatively unchanged this week with an increase of nearly a penny over last week. 

The Tennessee Gas Price average is now $2.90 which is a penny more expensive than one month ago and 96 cents more than one year ago. 

Tennessee remains the 7th least expensive market in nation. (AAA)

Tennessee remains the 7th least expensive market in nation. (AAA)

[Read more]

AAA reports National Gas Price Average drops One Cent

October 2, 2021

AAAWashington, D.C. – Fall is here, but instead of taking a seasonal dip, gas prices still reflect summertime levels when demand was higher.

The national average dropped a penny on the week to $3.18 after matching a seven-year-high in the prior week. The big culprit in keeping pump prices high is the price of crude oil, which is above $73.00 bbl.

Higher Oil Prices Keeping the Pressure on at the Pump. (AAA)

Higher Oil Prices Keeping the Pressure on at the Pump. (AAA)

[Read more]

AAA reports Tennessee Gas Prices remain Steady

September 30, 2021

Clarksville-Montgomery County has the Third Cheapest Gas Prices in Tennessee

AAANashville, TN – The Tennessee gas price average held steady for the second week in a row, with minimal pump price fluctuation over the last week. The Tennessee Gas Price average remains $2.89 which is four cents more than one month ago and 97 cents more than one year ago. 

“Consumers should see the usual autumn relief at the pump,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group.

Tennessee is the 7th least expensive market in the nation. (AAA)

Tennessee is the 7th least expensive market in the nation. (AAA)

[Read more]

AAA reports National Gas Price Average Stabilizes

September 21, 2021

AAAWashington, D.C. – The national gas price average rose two cents on the week to $3.19, matching a seven-year-high last seen in early August.

While the post-Labor Day period usually sees less demand and lower gas prices, this year, the impact of Hurricane Ida, followed two weeks later by Hurricane Nicholas, has slowed oil production and refinery recovery along the Gulf Coast.

While Gas Prices remained steady on the week, Oil Prices are on the Rise. (AAA)

While Gas Prices remained steady on the week, Oil Prices are on the Rise. (AAA)

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AAA reports Tennessee Gas Price Average remains unchanged

September 20, 2021

AAANashville, TN – The Tennessee gas price average held steady over last week. The Tennessee Gas Price average remains $2.89 which is two cents more than one month ago and nearly 95 cents more than one year ago. 

“Hurricane Nicholas complicated and slowed the recovery from Ida, but the seasonal drop-off in demand helped mitigate price increases on the week,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group.

Tennessee moves to the 7th least expensive market in the nation. (AAA)

Tennessee moves to the 7th least expensive market in the nation. (AAA)

[Read more]

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