AAA says most Thanksgiving Holiday Travelers will see Cheaper Gas Prices this year
November 27, 2019
Tampa, FL – AAA says for the 49 million Americans hitting the road for the Thanksgiving holiday, they will find gas prices mostly similar, if not cheaper, than last year’s holiday. Today’s national average is $2.59. That is just a few cents over the 2018 holiday weekend average of $2.57.
“During Thanksgiving week last year we saw the national gas price average decrease a nickel between Monday and Thursday, that could be the case again this year,” said Jeanette Casselano, AAA spokesperson.
Gas prices continue to decline at the pump. (AAA)
AAA reports Thanksgiving Holiday Week Gas Prices should be Similar or Cheaper than Last Year
November 26, 2019
Nashville, TN – AAA says Tennessee’s state average of $2.30 is one cent less than both last week and last month and four cents lower than a year ago.
Today’s national average is $2.59, which is flat on the week, two cent less than a month ago and three cents more than this time last year. Across the country today, 61% of all gas stations are selling regular unleaded for $2.50 or less.
49.3 million Americans set to drive to Thanksgiving destination. (AAA)
National Gas Price Average Slowly, but Steadily Declines for Three Weeks
October 15, 2019
Tampa, FL – AAA says despite an unseasonal spike in demand, according to the Energy Information Admiration’s (EIA) latest data sets, gas prices are decreasing for the majority of motorists across the country as crude oil prices (WTI) remain under $54.00/bbl.
Today, the national average gas price is $2.63, which is two cents less than last week and 26 cents cheaper than last year, but six-cents more expensive than last month.
Gas prices at the pump continue to fall. (AAA)
Cheap Crude Oil Paves Way for Significant Savings at the Pump
August 26, 2019
Washington, D.C. – AAA says when filling-up at the pump this fall, the majority of U.S. motorists will find savings of potentially more than 25-cents/gallon compared to this summer.
The national gas price average, which is already 15-cents cheaper than just five weeks ago, is poised to continue pushing less expensive due to several factors, including less expensive crude oil prices, the drop-off in gasoline demand after Labor Day and the move to winter-blend gasoline.
AAA Forecasts National Gas Price Average to Land at $2.40 or Lower This Fall. (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 reports Domestic Gasoline Stocks Soar, Push Down Gas Prices
August 18, 2019
Tampa, FL – AAA says the national gas price average, $2.64, represents a seven-cent drop on the week as domestic gasoline stocks built by a surprising 4.4 million bbl, according to the Energy Information Administration’s (EIA) latest data.
Contributing to the build was at least 1.2 million b/d of imports at U.S. ports. With the large bump, stocks now sit 235 million bbl – a U.S. stock level not seen in nearly five months (end of March).
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 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)
AAA says Gas Prices drop Seven Cents at the Pump
June 11, 2019
Tampa, FL – AAA says that today’s national average is $2.74, which is seven-cents cheaper than last week, 13-cents less than a month ago and 18 cents cheaper than a year ago. Nearly every state’s gas price average is cheaper than a week ago, a month ago and a year ago.
“Refinery utilization in the United States is at its highest level since early January, resulting in overall gasoline stocks at healthy levels to meet robust summer demand. Prices are dropping due to cheaper crude oil and at the same time U.S. supply is keeping pace with demand,” said Jeanette Casselano, AAA spokesperson.
Consumers see Summer Savings at the Gas Pump. (AAA)
AAA says Americans Numbing to Gas Pump Prices
June 8, 2019
Washington, D.C. – AAA says Americans are changing their perception of what they consider “too expensive” when it comes to filling-up at the pump. AAA’s 2019 Gas Price survey found that 50 percent of consumers think paying $3.00/gallon is too high – an increase of 30-cents from last year when half of consumers reported $2.70 as too expensive.
AAA Forecasts Summer National Gas Price Average to Drop to $2.70. (AAA)
