AAA reports that since the beginning of May, National Gas Price Average Drops by over a Nickel
May 29, 2019
T
ampa, FL – AAA says the vast majority of the 37.6 million Americans who hit the road this past Memorial Day weekend found savings at the pump compared to last year’s holiday. Today, 42 states and Washington, D.C. have gas price averages that are less expensive year-over-year, with Floridians (-31 cents) seeing the largest yearly change. Motorists in West Coast states are the exception, paying nearly double-digits more than last May to fill up.
National Gas Price Average cheaper than last May. (AAA)
AAA reports Despite Year-Over-Year Gasoline Stock Level Deficit, Gas Prices Decline
May 23, 2019
Tampa, FL – According to AAA, Gas prices are nearly six cents cheaper in some states across the country on the week, which has pushed the national gas price average cheaper by a penny to $2.85 today.
That average could have been even lower had a handful of Midwest states not seen prices increase by more than a nickel due to ongoing refinery maintenance.
Gas prices continue to decline at the pump. (AAA)
Robust Gas Demand Continues to Shrink Stocks and Drive Up Pump Prices
April 28, 2019
Tampa, FL – AAA reports that consumer gasoline demand this spring remains robust as stocks continue to decline.
In its latest weekly petroleum report, the Energy Information Administration revealed that while demand decreased slightly to 9.41 million b/d last week, the rate is more than 325,000 b/d higher than where it was last year at this time.
Gas prices continue to rise at the pump according to AAA. (AAA)
National Average Sees Smallest Weekly Increase in Eight Weeks
April 24, 2019
AAA
Tampa, FL – With only a penny increase on the week, the national gas price average saw the smallest one-week jump since mid-February. For the last eight weeks, weekly jumps ranged anywhere between a nickel and a nearly a quarter.
“On the week, 30 states saw pump price increases or decreases of three cents or less which helped keep the national average relatively steady, but motorists shouldn’t get their hopes up just yet,” said Jeanette Casselano, AAA spokesperson.
AAA reports National Gasoline Average Jumps a Nickel on the Week
April 8, 2019
AAA
Tampa, FL – At $2.74, the national gas price average increased a nickel on the week and is eight cents more than last year at this time. And compared to one month ago, gas prices are 28 cents more expensive.
As demand holds steady and inventories continue to tighten, motorists continue to see gas prices increase in every region.
AAA says Motorists Already Considering Adding at least One Summer Road Trip If Gas Prices Remain Low
April 7, 2019
AAA
Washington, D.C. – Spring fever may be in the air, but American motorists already have summer road trips top of mind.
AAA’s latest Gas Price survey found that if gas prices remain low, 1 in 3 Americans (33 percent) would likely plan another summer road trip while 27 percent would increase the distance of one – with Generation X more likely to do both than Baby Boomers.
AAA Forecasts Spring National Gas Price Average to Reach $2.75. (AAA)
National Gas Price Average Jumps Eight Cents on the Week
March 27, 2019
AAA
Tampa, FL – With an eight-cent jump on the week, at $2.62, the national average continues to trend more expensive since mid-February. While today’s national average is nearly a quarter more expensive than last month, it is only two cents more expensive than last year at this time.
“Thanks to increasing demand and tightening gasoline stocks across the country, March gas prices came in like a lion and will not go out like a lamb,” said Jeanette Casselano, AAA spokesperson.
National Gas Price Jumps Seven Cents on the Week
March 24, 2019
AAA
Tampa, FL – AAA says that at $2.54, the national gas price average is 7 cents more expensive on the week and 23-cents more than last month. However, today’s price is just as expensive as the same day a year ago.
In fact, for the first time since the end of November last year, the national gas price average the past four days was identical or a penny more expensive year-over-year.
Crude Inventories Rise Less Than Expected
February 10, 2019
AAA
Tampa, FL – According to AAA At the end of last week, total domestic crude oil inventories rose less than expected – a build of only 1.3 million bbl to total 447.2 million bbl, according to new data from the Energy Information Administration (EIA).
The slight build in crude inventories was supported by a sharp drop in demand for gasoline, which fell by approximately 500,000 b/d to 9.1 million b/d, according to EIA. With crude stockpiles growing less than anticipated, crude prices will likely continue to gain ground.
AAA reports Higher Oil and Pump Prices Likely Ahead.
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.
