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)
AAA reports National Gas Price Average remains unchanged in January
January 15, 2020
Tampa, FL – AAA says that despite crude oil price fluctuation and growing geopolitical concerns with Iran in the last week, the national gas price average has held steady at $2.58 since the beginning of the year. Today’s national average is two cents more than last month and 34-cents more expensive than the beginning of 2019.
“A healthy and growing level of domestic gasoline stocks alongside decreasing demand are two factors helping to minimize gas price fluctuations,” said Jeanette Casselano, AAA spokesperson.
National Gas Price Average remains the same even with Crude Oil Price Fluctuations. (AAA)
National Gas Price Average stays Steady despite Tensions with Iran
January 6, 2020
Tampa, FL – AAA says the national gas price average held steady on the week at $2.58, but that could change depending on the movement of crude oil prices due to geopolitical concerns.
Following airstrikes in Baghdad last Friday, which killed Iran’s Major General Qassem Soleimani, crude oil prices increased, causing market speculation about what could happen to gas prices in the near-term.
Gas Prices in Tennessee have risen 7 cents. (AAA)
Year-End Gas Prices Edge Higher
December 31, 2019
Tampa, FL – A year-end spike in road trip travel due to the holidays helped to push the national average more expensive on the week – up four cents to $2.58. Compared to last month, the national average is the same price, but 31 cents more expensive than the end of 2018.
“The majority of states saw gas prices increase in the last week – some by as much as a nickel to a dime, but any spikes in gas prices that motorists are seeing will be short-lived,” said Jeanette Casselano, AAA spokesperson.
Gas Prices spiked during the holidays. (AAA)
AAA says Record Number of Holiday Motorists Expected Across the Country this Week
December 24, 2019
Tampa, FL – More than 100 million Americans are taking to the roadways to travel for the holidays, but that hasn’t had a large impact on gas prices. At the start of the work week, only about a dozen states are seeing more expensive gas prices with increases of less than a dime.
“AAA forecasts that 104 million Americans will travel by car – the most on record – for a year-end holiday,” said Jeanette Casselano, AAA spokesperson.
Gas prices at the pump fall slightly heading into Christmas Holiday. (AAA)
AAA says Gas Demand Drop gives Motorists Savings at the Pump
December 18, 2019
Tampa, FL – December is finally bringing cheaper gas prices to pumps across the country. Today’s average is $2.55, which is nearly a nickel cheaper than the beginning of the month.
Decreasing gasoline demand and increasing stocks are driving the change in pump prices. The latest Energy Information Administration (EIA) reports show gasoline demand at its lowest rate since mid-February and the highest stock levels since this summer.
Large Build in Gas Stocks and Low Demand leads to drop in Prices at the Pump. (AAA)
Gas Prices continue to slowly fall
December 14, 2019
Tampa, FL – At $2.57, AAA says the national gas price average is a penny cheaper on the week. The majority of states saw minimal movement at the pump in the last week, several saw decreases of up to four cents while fewer than a dozen states saw gas prices increase.
“Since the end of October, gasoline demand has mostly decreased as gasoline stocks have mostly increased, paving the way for cheaper gas prices,” said Jeanette Casselano, AAA spokesperson.
Gas prices look to continue their steady decrease. (AAA)
AAA says most Thanksgiving Holiday Travelers will see Cheaper Gas Prices this year
November 27, 2019
Tampa, FL – AAA says for the 49 million Americans hitting the road for the Thanksgiving holiday, they will find gas prices mostly similar, if not cheaper, than last year’s holiday. Today’s national average is $2.59. That is just a few cents over the 2018 holiday weekend average of $2.57.
“During Thanksgiving week last year we saw the national gas price average decrease a nickel between Monday and Thursday, that could be the case again this year,” said Jeanette Casselano, AAA spokesperson.
Gas prices continue to decline at the pump. (AAA)
AAA reports Gas Prices drop across most of United States
November 21, 2019
Tampa, FL – On the week, gas prices are mostly cheaper across the country. A small number of states saw pump prices decrease more than a dime, though the majority saw fluctuation of a few pennies. Today’s national average of $2.59 is two cents cheaper than last week.
“An increase in gasoline stocks amid robust demand helped to push gas prices cheaper on the week,” said Jeanette Casselano, AAA spokesperson.
Gas prices fall a few cents across the Country. (AAA)
AAA Says Jump in Gasoline Demand Drives Down Stocks, but National Average Remains Flat on the Week
November 7, 2019
Tampa, FL – Gasoline demand numbers look more like summer than fall in the Energy Information Administration’s (EIA) latest reports. However, despite the high demand rate and a draw in U.S stocks, the national average held steady on the week at $2.60.
“Gas prices continue to fluctuate across the country, though on the week the majority of states saw prices only increase or decrease by one or two cents,” said Jeanette Casselano, AAA spokesperson.
Gas Prices remain stead dispite rise in Gasoline Demand. (AAA)
