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Detailed Weather Reports, Event Calendar and Movie Showtimes Wednesday - September 18, 2019  
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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

Crude Oil Prices Spike Following Attacks on Saudi Arabian Oil Facilities

September 16, 2019

AAATampa, FL – On the week, the national gas price average held steady at $2.56, but motorists can expect some volatility at the pump in the coming days and weeks.

Over the weekend, Saudi Arabia experienced drone attacks on two major oil facilities – including the world’s largest, Abqaiq. The attacks have taken 5.7 million (crude) barrels per day off the market, accounting for about 6% of the global supply.

Americans Can Expect Pump Price Jumps Coming to Stations as Soon as this Week. (AAA)

Americans Can Expect Pump Price Jumps Coming to Stations as Soon as this Week. (AAA)

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Gas Price Trends Falling into Place for Autumn

September 12, 2019

AAATampa, FL – AAA says gas prices continue to trend – slowly, but surely – cheaper with half of all states seeing pump prices drop two-cents on the week. This caused the national average to push cheaper by a penny down to $2.56. Today’s average is 11-cents less than a month ago and 28-cents cheaper than a year ago.

In its latest weekly report, the Energy Information Administration (EIA) notes that U.S. gasoline demand saw a steady decline from 9.9 million b/d to 9.4 million b/d, a reading typical for the start of fall.

Gas prices to get cheaper this Autumn. (AAA)

Gas prices to get cheaper this Autumn. (AAA)

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AAA says Most Consumers Continue to See Decreases at Gas Pump

September 4, 2019

AAATampa, FL – On the week, AAA says gas prices are as much as nine cents cheaper in every state except California, (+5 cents), Florida (+4 cents), Ohio (+2 cents) and South Carolina (+1 cent).

Hurricane Dorian has been the driver for the increases in Florida and, most likely, South Carolina.

Hurricane Dorian Puts Pressure on Florida Gas Prices. (AAA)

Hurricane Dorian Puts Pressure on Florida Gas Prices. (AAA)

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National Gas Price Average for Labor Day on Track to Be Cheapest in Three Years

August 27, 2019

AAATampa, FL – At $2.59, AAA says the national gas price average is poised to be potentially the cheapest Labor Day weekend average in three years. Today’s average is already nearly a quarter cheaper than during last year’s holiday ($2.83) and four cents cheaper than 2017’s Labor Day ($2.63).

“For Americans who bookend summer with road trips, they will find gas prices this coming weekend that are cheaper than this past Memorial Day and last year’s Labor Day holiday,” said Jeanette Casselano, AAA spokesperson.

2016-2019 National Gas Price Comparison -August 26th, 2019 [Read more]

Demand at All-Time High, Slowing Pump Price Decreases

August 24, 2019

AAATampa, FL – AAA says summer may be ending, but gasoline demand is soaring to new heights. In its latest reading, the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991.

As demand jumped, gasoline stocks fell by 1.4 million bbl and pump prices slowed their decline on the week.

2016-2019 National Gas Price Comparison -August 19th, 2019 [Read more]

AAA reports Domestic Gasoline Stocks Soar, Push Down Gas Prices

August 18, 2019

AAATampa, FL – AAA says the national gas price average, $2.64, represents a seven-cent drop on the week as domestic gasoline stocks built by a surprising 4.4 million bbl, according to the Energy Information Administration’s (EIA) latest data.

Contributing to the build was at least 1.2 million b/d of imports at U.S. ports. With the large bump, stocks now sit 235 million bbl – a U.S. stock level not seen in nearly five months (end of March).

10 Least Expensive Average Gas Prices - August 12th, 2019 [Read more]

AAA says National Gas Price Average Cheaper on the Week, Month and Year

August 7, 2019

AAATampa, FL – AAA reports that the average national gas price dropped by two cents to $2.71 on the week. This is less expensive than a week, a month (-4 cent) and a year (-15 cents) ago. Prices are cheaper as demand saw a small dip on the week, even though overall demand remains robust for the summer.

“While gas prices continue to drop, the rate at which they are decreasing has slowed,” said Jeanette Casselano, AAA spokesperson.

Tennessee is one of the nation’s top 10 least expensive gas markets. (AAA)

Tennessee is one of the nation’s top 10 least expensive gas markets. (AAA)

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AAA reports National Gas Price Average rises Eight Cents in Two Weeks

July 16, 2019

AAATampa, FL – The national gas price average is $2.79, which is an eight-cent increase since the beginning of July. Gas prices have increased amid more expensive crude oil prices, robust demand and decreasing gasoline stocks.

Since last Monday, 18 states have seen their gas price averages increase by at least a nickel. Hurricane Barry, which made landfall in Louisiana this past weekend, seems to have had little impact on the national average.

2016-2019 National Gas Price Comparison - July 15th, 2019 [Read more]

AAA says Gas Prices are rising this Summer

July 13, 2019

AAATampa, FL – As summer temperatures rise, so are gas prices according to AAA. State averages have jumped, pushing up the national average nearly a dime to $2.75 in the last 15 days.

In addition to rising gasoline demand, 13 states this month have introduced new gas taxes that have contributed to the national average increase. Those states include California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee, and Vermont.

2016-2019 National Gas Price Comparison - July 8th, 2019 [Read more]

AAA reports that since the beginning of May, National Gas Price Average Drops by over a Nickel

May 29, 2019

TAAAampa, FL – AAA says the vast majority of the 37.6 million Americans who hit the road this past Memorial Day weekend found savings at the pump compared to last year’s holiday. Today, 42 states and Washington, D.C. have gas price averages that are less expensive year-over-year, with Floridians (-31 cents) seeing the largest yearly change. Motorists in West Coast states are the exception, paying nearly double-digits more than last May to fill up.

National Gas Price Average cheaper than last May. (AAA)

National Gas Price Average cheaper than last May. (AAA)

[Read more]

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