AAA reports Prices Fall Below $2.00 Per Gallon in Nine States
December 27, 2018
AAA
Tampa, FL – Nearly 20 percent of states are currently enjoying prices below $2.00 per gallon. Nationally, retail averages have dropped 83 of the past 90 days. The national average for regular unleaded gasoline currently sits at $2.30 per gallon, which is six cents less than one week ago, 24 cents less than one month ago and 16 cents less than at the same time last year.
Heading into 2019, gasoline demand is expected to dwindle during the month of January, an expected change following the busy holiday travel season.
Cheapest December National Gas Price Average in Two Years
December 20, 2018
AAA
Tampa, FL – At $2.37, the national gas price average continues to drive toward the cheapest pump prices seen during the month of December since 2016, which is welcome news for the millions of Americans expected to begin holiday travel later this week.
“AAA expects 102 million Americans to drive to their holiday destination this year, which is a four percent increase year-over-year,” said Jeanette Casselano, AAA spokesperson. “No doubt cheaper gas prices are fueling their decision to hit the road.”
In Tennessee, Gas Prices at the pump have fallen 0.5 cents in the past week. (AAA)
AAA says Growing Global Crude Supply Outpaces Demand, Driving December Pump Prices to Cheapest of the Year
December 9, 2018
AAA
Washington, D.C. – At $2.44 the national gas price average has set a new record low for 2018. This is nearly a nickel less than this time last December. AAA expects the national gas price average to fluctuate through the end of the month and possibly end the year as cheap as $2.40.
Globally, crude supply is growing faster than anticipated. Contributing to the surplus is the United States’ record-breaking production levels – which hit the highest level ever recorded by the Energy Information Administration at 11.7 million b/d last month.
Gas prices holding steady according to AAA. (AAA)
AAA says National Gas Price Average is Cheaper for First Time in 18 Months than One Year Ago
December 6, 2018
AAA
Tampa, FL – On the week, motorists in 32 states are paying less to fill up compared to a year ago. As the national gas price average drops to $2.46 it sets a new low price for the year and is cheaper than a year ago by two cents.
The last time the daily national gas price average was cheaper year-over-year was 18 months ago on July 6th, 2017 when gas prices were $2.24 (versus $2.26 on July 6th, 2016).
Prices at the Pump continue to fall across the United States. (AAA)
AAA reports National Gas Price Average Dropping Toward Lowest of the Year
November 28, 2018
AAA
Tampa, FL – On the week, the national gas price average has dropped seven cents to land at $2.56. As pump prices steadily decline, they are headed toward some of the cheapest gas prices in 2018. The national average was lowest in January at $2.49 while May brought the most expensive price of $2.97.
“Trends are indicating that the month of December may bring some of the cheapest gas prices of the year,” said Jeanette Casselano, AAA spokesperson.
AAA reports National Gas Price Average Declines after Nearly Two Weeks of Increases
October 18, 2018
AAA
Tampa, FL – At $2.89, the national gas price average is two-cents cheaper than it was a week ago amid consumer gasoline demand declining for a third week. Today’s gas price average is four-cents more than a month ago and 42-cents more expensive than a year ago.
The majority of states have seen gas prices decrease on the week with the exception of a handful of states, some of which were impacted by fuel disruptions on the west coast and in the southeast.
AAA Forecasts Fall National Gas Price Average to be a Quarter a Gallon Cheaper than During Summer
September 9, 2018
AAA
Washington, D.C. – AAA forecasts that the national gas price average will drop to $2.70 this fall and has the potential to drop even more. That is 14-cents less a gallon compared to today’s price and more than a quarter cheaper than this year’s recorded high of $2.97 set in May.
“Cheaper-to-produce gasoline and relatively stable crude oil prices in August, combined with an anticipated drop in consumer gasoline demand post-Labor Day, means consumers will see savings when they fill-up at the pump this fall,” said Jeanette Casselano, AAA spokesperson.
AAA says Gas Prices Remain Steady Despite High Demand
September 5, 2018
The Auto Club Group (AAA)
Tampa, FL – At $2.83, the national gas price average is trending toward lower gas prices that motorists haven’t seen since early May.
Today’s national gas price average is one-cent less on the week, four-cents cheaper than last month, but 19-cents more than a year ago.
Motorists took advantage of these stable and lower prices by driving gasoline demand to its highest level ever on record at 9.899 bbl for the week ending August 24th, according to the Energy Information Administration.
National Gas Price Average Holds Steady for Labor Day
September 2, 2018
The Auto Club Group (AAA)
Tampa, FL – Motorists across the country continue to see their local pump prices dropping. On the week, state gas price averages declined as much as four cents while the national gas price average held steady at $2.84, which is two-cents cheaper than a month ago, but 48-cents more than a year ago.
“With Labor Day approaching, motorists could see a small swing towards higher gas prices, but any jump should not last past the holiday weekend,” said Jeanette Casselano, AAA spokesperson.
AAA says Gas Prices Slowly, but Steadily Declining for Majority of Motorists
August 25, 2018
The Auto Club Group (AAA)
Tampa, FL – As summer slows to an end, gas prices across the country are getting less expensive. Today’s national gas price average is $2.84, which is three cents less than at the beginning of the month.
With the exception of a handful of states, the majority of motorists are seeing slow, but steady pump price drops during the last few weeks.
