AAA says Most Consumers Continue to See Decreases at Gas Pump
September 4, 2019
Tampa, FL – On the week, AAA says gas prices are as much as nine cents cheaper in every state except California, (+5 cents), Florida (+4 cents), Ohio (+2 cents) and South Carolina (+1 cent).
Hurricane Dorian has been the driver for the increases in Florida and, most likely, South Carolina.
Hurricane Dorian Puts Pressure on Florida Gas Prices. (AAA)
Demand at All-Time High, Slowing Pump Price Decreases
August 24, 2019
Tampa, FL – AAA says summer may be ending, but gasoline demand is soaring to new heights. In its latest reading, the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991.
As demand jumped, gasoline stocks fell by 1.4 million bbl and pump prices slowed their decline on the week.
AAA says Going Against Usual Trends, Demand Drives Gas Prices Down Even Lower
July 7, 2019
Tampa, FL – For the week ending June 14th, 2019, U.S. gasoline demand hit its highest level at 9.93 million b/d. It is the highest level ever recorded since the Energy Information Administration (EIA) began publishing data in 1991.
Counterintuitively, as motorists drive demand to new heights, pump prices pushed even cheaper across the country on the week. This is due to the recent trend in cheaper crude pricing and because crude comprises roughly 60% of the costs people pay at the pump, drivers are seeing summer savings.
Gas Prices continue to fall at the Pump despite rising demand. (AAA)
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)
July Gas Prices are Proving Volatile
August 4, 2018
AAA
Tampa, FL – Volatility is the trend for July gas prices as the rate for crude oil rises and drops amid lingering geopolitical concerns. In the U.S., the first half of the month saw pump prices increase from $2.85 to $2.89, while the second half is proving cheaper with the national gas price average down to $2.84 today.
The national average has not been this low since early May.
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 reports Gas Price Averages Trending Cheaper on the Week Nationwide
February 24, 2018
Tampa, FL – The national gas price average has been steadily decreasing for nearly two weeks dropping from the year-to-date high of $2.61 (on February 5th) to today’s national average of $2.53.
Motorists in nearly every state are paying less on the week with Midwest and Southern states seeing the largest price drops at the pump. Hawaii (+2 cents) and Indiana (+1 cent) were the only states to see increases.
AAA says Pump Prices Cheaper on the Week for Majority of the Country
February 13, 2018
Tampa, FL – At $2.58, the national gas price average has decreased for the first time week-over-week this year. Today’s price is 3 cent less than last week, 6 cents more than a month ago and 30 cents more than a year ago. Motorists can find gas for $2.50 or less at 53 percent of gas stations across the country.
“Gas price averages are less expensive for 78 percent of states compared to last Monday. Motorist filling up in the Midwest, South and East Coast are most likely to see the positive change at the pump,” said Jeanette Casselano.
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.
