AAA says Gas Prices Continue to drop during Thanksgiving Holiday
November 26, 2016
Tampa, FL – AAA projects that 43.5 million Americans are expected to take a road trip this Thanksgiving and drivers will pay the second-cheapest Thanksgiving gas prices since 2008, when the national average was $1.85.
Today’s national average price of $2.14 per gallon represents a savings of three cents per gallon versus one week ago and nine cents per gallon on the month.
AAA reports Gas Prices continue to fall as Thanksgiving Nears
November 21, 2016
Tampa, FL – Gas prices are falling as 43.5 million Americans plan to hit the road for Thanksgiving. In the past week, state averages declined 5 cents in Florida, 7 cents in Georgia, and 6 cents in Tennessee.
“Motorists are beginning to find gas prices under $2.00 a gallon again,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Low oil prices, lower demand and high gasoline supplies are causing the slump at the pump. Gas prices should push even lower through the holiday weekend, unless crude oil prices suddenly surge.”
Oil Prices Decline
AAA reports Oil Prices Tumbling, Lower Gas Prices Expected
November 8, 2016
Colonial Pipeline Restored Service to Line 1 Sunday Morning
Tampa, FL – A major shift occurred in the oil markets last week, suggesting gas prices could soon plummet. Oil prices tumbled to 6-week lows, due to an unexpected record-high build in domestic crude oil inventories.
The crude oil forecast has now gone from an imminent $55.00-$60.00 a barrel range, to $40.00 a barrel or below – the same level as we saw last winter, when gas prices were less than $2.00 a gallon.
Oil Prices Decline
AAA: Have Gas Prices Peak?
June 20, 2016
Tampa, FL – Gas prices may have hit their annual peak. The national average price for a gallon of gasoline has declined for eight consecutive days. Regionally, prices have been falling longer: 12 days in Florida (5¢) and Georgia (6¢), and 11 days in Tennessee (6¢).
“Gas prices usually hit their highest point of the year during the first six months and that could be what has happened in the past couple weeks,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.
AAA reports Gas Prices Hover at 6-Month Highs
May 9, 2016
Tampa, FL – Motorists saw very little shift in prices at the pump last week as oil prices seemed to stabilize. Gas prices are hovering at their highest levels in more than six months, and the national average has remained above $2.00 per gallon for 46 consecutive days.
Sunday prices averaged $2.21 both nationwide and in Florida, $2.19 in Georgia, and $2.07 in Tennessee.
AAA says Drivers paying highest Gas Prices since November
April 18, 2016
Oil market will keep gas prices volatile
Tampa, FL – Nationally, motorists are paying $2.11 per gallon, up 7 cents from last week, and the highest price at the pump since November 2015. The national average has remained above $2.00 a gallon for 25 consecutive days and could rise another 10-15 cents by Memorial Day.
“Many drivers saw gas prices jump up this week,” said Josh Carrasco, spokesman, AAA – The Auto Club Group. “Oil averaged $4.00 higher than last week, which put upward pressure on gasoline prices. Even though prices are up nearly 15 cents from a month ago, motorists are still enjoying a 30 cent savings year over year.”
AAA says drivers paid Cheapest Gas Prices in 12 Years
April 4, 2016
Fuel Savings Approach $10 Billion in the First Quarter of 2016 Compared to the Same Period Last Year
Tampa, FL – Americans paid the cheapest quarterly gas prices in twelve years during the first three months of 2016. Motorists have saved nearly $10 billion on gas so far this year compared to the same period in 2015.
The national average price of gas during the first quarter was $1.86 per gallon, making it the cheapest quarter for gasoline since January-March 2004. Gas prices are expected to remain relatively low compared to recent years, though average prices could rise another 25 cents per gallon by Memorial Day.
AAA reports Gas Prices begin inching up
February 22, 2016
Tampa, FL – Motorists may soon begin to find some volatility at the gas pump. The national average price for gasoline rose for four consecutive days last week – the longest streak of increases since December. Prices in the southeast are also beginning to turn volatile.
The average price in Florida is one cent lower than last week, but rose for two days last week, for the first time since December. The average price in Georgia is fractions of a cent lower than last week, after increasing four consecutive days. The average price in Tennessee is the same as last week, after increasing for two consecutive days.
AAA reports Oil Falls Below $30 per Barrel, Gas Prices Drop
January 19, 2016
Tampa, FL – As oil slips to the lowest level in more than a decade, gas prices continue logging multi-year lows. The price of a gallon of regular unleaded is $1.89, the lowest national average since February 27, 2009. Gas prices in the southeastern U.S. are also at 7-year lows, with Monday’s state averages hitting $1.92 in Florida, $1.80 in Georgia, and $1.68 in Tennessee.
“Oil keeps sinking lower, making the cost to produce gasoline cheaper by the day,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Prices have dropped nearly a full cent every day for the past 11 days. This should continue until oil prices find their footing.”
AAA reports average U.S. Gas Prices Begin 2016 Under $2.00 per Gallon
January 8, 2016
Washington, D.C. – Gas prices rang in the New Year by reaching the lowest average price ($1.997) for the holiday since 2009. Today’s average price of $1.99 per gallon is the cheapest average since March 25th, 2009, and the national average has moved lower for 50 of the past 59 days, largely due to an abundance of crude oil. Pump prices are discounted by fractions of a penny on the week, by five cents per gallon on the month, and are down by 22 cents on the year.
In 2015, consumers paid an annual average of $2.40 per gallon, which was the lowest annual average since 2009.
