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)
New York Times admits President Donald Trump’s maximum pressure on Iran is working
January 14, 2020
Washington, D.C. – The world’s worst terrorist, Qasem Soleimani, met his end on January 3rd, 2020. On President Donald J. Trump’s order, the U.S. military executed a flawless strike on Soleimani to keep Americans safe from this mass murderer—who had plans to kill again.
As President Trump promised, the maximum pressure campaign on Iran is now increasing. New sanctions announced last week are targeting the regime’s last remaining sources of export revenue, which Iran’s leaders used to fund terrorism around the world.
U.S. President Donald J. Trump
AAA says National Gas Price Average has no change since January 1st
January 14, 2020
Nashville, TN – The Tennessee Gas Price average is $2.36 which is three cents less than last week, but six cents higher than one month ago and 37 cents higher than one year ago.
Despite crude oil price fluctuation and growing geopolitical concerns with Iran in the last week, the National Gas Price Average average has held steady at $2.58 since the beginning of the year.
Tennessee gas price average falls three cents in one week. (AAA)
AAA reports Tension Between the United States, Iran Leads Crude Prices to Temporary Spike in Oil Prices
January 12, 2020
Tampa, FL – AAA says crude oil prices have spiked and dropped twice in the past six days. The first spike occurred last Friday following a U.S. drone strike in Baghdad, which killed Iran’s Major General Qassem Soleimani.
Prices spiked again on Tuesday when over a dozen missiles were launched by Iran at military bases in Iraq that house American soldiers in retaliation for the drone strike.
Crude oil prices experience reactive spikes after Iran’s General Qassem Soleimani was killed by a United States Drone strike. (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)
Crude Oil Prices Spike Following Attacks on Saudi Arabian Oil Facilities
September 16, 2019
Tampa, 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)
Pump Prices Push Cheaper for a Another Week
August 2, 2019
Tampa, FL – Today’s national average is $2.73. While this is two cents more expensive than on the same day last month, it is three cents cheaper than last week and 12-cents less expensive than a year ago.
“Gas prices this month are on average a dime less expensive than in July 2018. These less expensive gas prices have encouraged summer road trips as evidenced by robust demand numbers since May,” said Jeanette Casselano, AAA spokesperson.
Gas prices at the pump continue to fall. (AAA)
AAA reports Gas Price Increases at the Pump Slowing Across the Country
July 24, 2019
Tampa, FL – On the week, AAA says all but eight states saw gas price averages push cheaper or remain stable. At $2.76, the national gas price average is three cents less expensive than last Monday. This is the first time in four weeks that the national average has seen a weekly decline.
“Gasoline stocks remain robust amid a recent dip in demand, which could be one reason we are seeing pump prices starting to roll back,” said Jeanette Casselano, AAA spokesperson.
AAA says Gas Prices are rising this Summer
July 13, 2019
Tampa, 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.
AAA says Pump Prices are Dropping Fast with Summer approaching
June 18, 2019
Tampa, FL – AAA reports that since Memorial Day the national average dropped six cents on the week, following a consistent downward trend.
The decline is unusual for this time of year. Pump prices usually trickle higher during the summer months due to increased demand. However, the latest Energy Information Administration (EIA) report reveals that total domestic gasoline inventories jumped a million bbl last week, helping to push pump prices lower.
According to AAA, U.S. Gasoline Inventories continue to grow. (AAA)
