AAA says Tennessee Gas Prices Drop another 5 Cents This Week
February 15, 2020
Nashville, TN – AAA reports that Tennessee gas prices have continued their decline for a consecutive 37 days, dropping 21 cents since January 5th when the Tennessee gas price average was $2.39.
The Tennessee Gas Price average is $2.18 which is five cents cheaper than last week, 21 cents less than one month ago, and 14 cents more than one year ago.
Tennessee Gas Pump average has declined consecutively for 37 days. (AAA)
AAA reports Pump Prices, Crude Oil Continue to Decline
February 6, 2020
Tampa, FL – The national gas price average is $2.47, which is four cents cheaper than last week and 11 cents cheaper than the beginning of the year. Motorists are paying less to fill up especially as crude oil prices are less expensive.
“Gas prices are pushing cheaper for two reasons. Crude oil prices are $10.00 less a barrel than one month ago and U.S. gasoline stocks sit at an all-time record high,” said Jeanette Casselano, AAA spokesperson.
Gas Prices continue to fall at the pump. (AAA)
AAA reports Tennessee Gas Prices Still Declining
February 4, 2020
Nashville, TN – AAA says Tennessee gas prices have dropped 16 cents in the last 30 days and are expected to trend even lower in the coming week.
The Tennessee Gas Price average is $2.23 which is five cents cheaper than last week, 16 cents less than one month ago, and 20 cents more than one year ago.
Tennessee average gas price declines consecutively for 30 days. (AAA)
AAA reports National Gas Prices continue to decline
February 1, 2020
Washington, D.C. – AAA reports that the national gas price average is $2.51, which is three cents cheaper than last week, four cents less than last month, and 25 cents more than a year ago.
Gas prices have continued to drop over the last week as gasoline stocks grew again, measuring at 260 million bbl – the highest stock level ever recorded by the Energy Information Administration (EIA) since it began recording the data in 1990.
Winter Gas Prices continue to fall due to rising Gas Stocks. (AAA)
AAA reports National Average Unchanged as Gas Stocks Grow, Demand Remains Low
January 25, 2020
Tampa, FL – AAA says in its latest weekly report, the Energy Information Administration (EIA) revealed that total domestic stocks of gasoline continue to grow. According to EIA’s data, stocks grew by 1.7 million bbl last week, bringing the current total to 260 million bbl.
The current level is in line with the level seen in mid-January 2019.
Gas prices at the pump remain steady in January. (AAA)
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 Growing Stocks, Low Demand Help National Average Decline
January 21, 2020
Tampa, FL – AAA says last week, gas demand hit 8.56 million b/d, according to new data from the Energy Information Administration (EIA).
The current rate is in line with last year’s rate seen in mid-January, a time that typically brings lower demand due to winter weather. EIA’s data also revealed that total domestic stocks of gasoline grew by 6.7 million bbl last week, bringing the total to 258.3 million bbl.
Gas prices at the pump decline due to low demand. (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)
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)
