AAA reports Supply Continues to Outpace Demand at Benefit to Motorists
October 16, 2020
Tampa, FL – Over the weekend Hurricane Delta made landfall in southwestern Louisiana as a category 2 hurricane. While the storm caused some disruptions, refineries are reporting operations have resumed.
The Colonial Pipeline Line 1, the main gas line, was down temporarily over the weekend due to loss of power, which has since been restored as well as service. Line 2, the distillates line, is currently shutdown without power.
National Gas Price Average remains Stable despite recent Hurricanes. (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)
AAA reports Tennessee Gas Prices remain Steady
August 29, 2020
Nashville, TN – The Tennessee Gas Price average is now $1.91 – a penny increase over last week. Today’s state average is down one penny from last month and nearly 39 cents cheaper than this time last year.
“Gasoline stocks hit their lowest level since the pandemic began and demand dipped on the week, down to 8.6 million b/d,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “These decreases typically lead to cheaper pump prices, but this summer we’ve seen atypical gas price trends.”
Tennessee remains the eighth least expensive gas market in the nation. (AAA)
State Farm offers Storm Preparation Tips
August 28, 2020
Nashville, TN – With Hurricane Laura forecast in the area for tonight and tomorrow, it is a good time for homeowners to make sure they are ready to weather the storm.
State Farm is reminding property owners that a little preparation can make a big difference when it comes to safety and security during strong storms.
AAA reports Tennessee Gas Price Average Falls 3 Cents
August 11, 2020
Nashville, TN – AAA says that gas prices, on average, dropped three cents across Tennessee over the last week.
The Tennessee Gas Price average is now $1.89 which is five cents less than one month ago and nearly 50 cents less than one year ago.
“As we move into the second week of the August, it is pricing out to be the second cheapest start to the month in more than a decade,” said Megan Cooper, spokesperson, AAA – The Auto Club Group.
Second cheapest start to the month of August for gas prices in over a decade. (AAA)
Cheap Crude Oil Paves Way for Significant Savings at the Pump
August 26, 2019
Washington, D.C. – AAA says when filling-up at the pump this fall, the majority of U.S. motorists will find savings of potentially more than 25-cents/gallon compared to this summer.
The national gas price average, which is already 15-cents cheaper than just five weeks ago, is poised to continue pushing less expensive due to several factors, including less expensive crude oil prices, the drop-off in gasoline demand after Labor Day and the move to winter-blend gasoline.
AAA Forecasts National Gas Price Average to Land at $2.40 or Lower This Fall. (AAA)
AAA reports National Gas Price Average rises Eight Cents in Two Weeks
July 16, 2019
Tampa, 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.
AAA says Americans Numbing to Gas Pump Prices
June 8, 2019
Washington, D.C. – AAA says Americans are changing their perception of what they consider “too expensive” when it comes to filling-up at the pump. AAA’s 2019 Gas Price survey found that 50 percent of consumers think paying $3.00/gallon is too high – an increase of 30-cents from last year when half of consumers reported $2.70 as too expensive.
AAA Forecasts Summer National Gas Price Average to Drop to $2.70. (AAA)
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 reports Tennessee Gas Prices Increased 1.5 Cents From Last Week
July 9, 2018
Clarksville-Montgomery County has the Least Expensive Gas Prices in Tennessee
Tampa, FL – Tennessee Gas Prices increased 1.5 cents during the past week. So far, motorists have found the most expensive summer gas prices in four years. Since June 1st, Tennessee gas prices averaged $2.64 per gallon – an increase of nearly 60 cents compared to the average price last summer.
However, current pump prices remain 12 cents below this year’s high, set during Memorial Day weekend.
Price at the pump continues to fall.
