AAA reports National Gas Price Average Inches Up for First Time in Three Months
January 27, 2019
AAA
Tampa, FL – At a penny more expensive on the week, the national gas price average ($2.25) increased for the first time since October. Despite the increase, today’s average is still cheaper month-over-month (-14 cents) and year-over-year (-28 cents).
“The price of crude oil has been slowly, but steadily increasing since the beginning of the year, which is starting to push up pump prices,” said Jeanette Casselano, AAA spokesperson.
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.
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.
Motorists Pay Most Expensive August Pump Prices since 2014
August 13, 2018
AAA
Tampa, FL – At 9.88 million b/d, gasoline demand last week was near an all-time record high according to the Energy Information Administration (EIA). More so, the latest EIA data shows gasoline inventories tightening from 240 million bbl at the end of June down to 231 million bbl at the end of July.
The boost in demand and drop in inventory have driven the national gas price average to $2.87, which is the most expensive gas price seen in August since 2014.
AAA says Demand for Gasoline is Soaring Toward New Heights.
U.S. Gasoline Demand Jumps as Supply Declines on the Week, Gas Price Average Jumps Up Two Cents
August 5, 2018
AAA
Tampa, FL – As U.S. gasoline demand strengthened and supply declined, the national gas price average jumped two-cents on the week to land at $2.86.
According to the latest Energy Information Administration (EIA) report, total crude inventories fell on the week and now register at 405 million bbl, which is 80 million bbl lower than levels at the same time last year.
Gas Prices Trend Cheaper, but Increases are Likely Looming
June 20, 2018
AAA
Tampa, FL – On the week, the national gas price average is two cents cheaper at $2.90. Today’s national average is only one cent more expensive than a month ago, but 60 cents more expensive than a year ago.
Nationwide, 44 states have less expensive or steady gas price averages compared to last Monday.
However, the cheaper trend may be reversing. Gasoline demand spiked in the latest Energy Information Administration’s (EIA) report, in fact setting a new all-time record at 9.88 million b/d for the week ending June 8th.
National Gas Price Average Falls For First Time in Three Months
June 6, 2018
AAA
Tampa, FL – Dropping by two-cents on the week, the national gas price average is $2.95 reports AAA. This is the first time there has been a decrease in the national average since mid-March.
The drop, albeit it small, follows the latest Energy Information Administration (EIA) report showing consistently strong demand although it is running slightly below (100,000 b/d less) the same week last year.
AAA says Gas Prices Packing Punch to Motorists
May 16, 2018
Tampa, FL – At $2.81, the national gas price average is 45 cents more expensive than a year ago. With the unofficial kick-off to summer just weeks away, prices are expected to increase, but a tapering trend may be emerging.
“If this past week’s moderate increases are any indicator of what’s to come, the fast rate at which gas prices were increasing may be slowing down,” said Jeanette Casselano, AAA spokesperson. “On the week, the national average held steady and 19 state averages remained flat or saw decreases in gas prices. Despite this stability, drivers on the West Coast and in Idaho, Utah and Pennsylvania are paying $3.00/gallon.”
AAA says Rising Crude Oil Prices Push Up Pump Prices for Consumers
January 31, 2018
Tampa Bay, FL – At $2.58, the national gas price is four cents more expensive on the week. Across the country, motorists in 47 states and Washington, D.C. have seen pump prices increase as much as 9 cents with the Great Lakes, Central, South and Southeastern states seeing the largest increases.
The Energy Information Administration (EIA) reports an increase on the week in gasoline demand and inventories.
