AAA says Tennessee Gas Prices Up One Cent
January 22, 2019
AAA
Nashville, TN – Tennessee Gas prices are holding steady right now, but face upward pressure, due to recent strength in the oil market and rising wholesale gasoline prices. The average price for gasoline in Tennessee is $2.01 per gallon, but should rise another 3-5 cents this week.
Tennessee motorists are paying 1-cent more than a week ago. However, the average price is still 7 cents less than last month, and 35 cents less than this time last year. Despite the anticipated uptick, the state average remains 72 cents per gallon less than last year’s high, and 68 cents per gallon less than what Tennessee motorists paid in October.
Gas Prices at the Pump Rise on Renewed Oil Strength. (AAA)
Gasoline Demand Hits Lowest Level in Nearly Two Years Pushing Pump Prices Even Cheaper
January 8, 2019
AAA
Tampa, FL – The latest Energy Information Administration (EIA) data registers gasoline demand at 8.6 million b/d for the week ending December 28th – the lowest level on record since February 2017.
Despite record motor vehicle travel for the holiday, demand was down nearly 900,000 bbl, suggesting that demand this winter could be lower than expected.
Prices at the Gas Pump continue to drop. (AAA)
2019 Rings in Cheapest New Year Gas Prices Since 2016
January 6, 2019
AAA
Tampa, FL – The New Year has ushered in the cheapest national gas price average in three years. To boot, at $2.25 today’s national average is even one cent cheaper than on January 1st, 2019 and trends indicate that pump prices will likely remain cheap for at least the first half of the month.
Today, 29 state gas price averages are at or below the national average of $2.25 with Missouri touting the cheapest at $1.83. Hawaii ($3.34) carries the most expensive average.
AAA expects prices to remain the same despite OPEC production cuts. (AAA)
AAA reports Prices Fall Below $2.00 Per Gallon in Nine States
December 27, 2018
AAA
Tampa, FL – Nearly 20 percent of states are currently enjoying prices below $2.00 per gallon. Nationally, retail averages have dropped 83 of the past 90 days. The national average for regular unleaded gasoline currently sits at $2.30 per gallon, which is six cents less than one week ago, 24 cents less than one month ago and 16 cents less than at the same time last year.
Heading into 2019, gasoline demand is expected to dwindle during the month of January, an expected change following the busy holiday travel season.
Cheapest December National Gas Price Average in Two Years
December 20, 2018
AAA
Tampa, FL – At $2.37, the national gas price average continues to drive toward the cheapest pump prices seen during the month of December since 2016, which is welcome news for the millions of Americans expected to begin holiday travel later this week.
“AAA expects 102 million Americans to drive to their holiday destination this year, which is a four percent increase year-over-year,” said Jeanette Casselano, AAA spokesperson. “No doubt cheaper gas prices are fueling their decision to hit the road.”
In Tennessee, Gas Prices at the pump have fallen 0.5 cents in the past week. (AAA)
Tennessee Gas Prices drop to 2-Year Holiday Lows
December 17, 2018
AAA
Nashville, TN – Tennessee Gas Prices dropped another 5 cents last week, and could move even lower this week, because of additional declines in the price of oil.
Sunday’s state average price of $2.12 per gallon is nearly 30 cents less than a month ago, and about 10 cents less than this time last year. It’s possible, the state average could reach $2.00 per gallon before the end of the year, unless oil prices rise.
Oil Prices Decline
AAA reports OPEC passes Crude Oil Production Cut, Gas Prices Continue to Drop
December 10, 2018
Clarksville-Montgomery County has 3rd Cheapest Gas Prices in Tennessee
Nashville, TN – Tennessee Gas prices continue falling like autumn leaves according to AAA. The state average has declined the past 59 consecutive days for a total of 52 cents.
Sunday’s state average of $2.17 per gallon is 7 cents less than last week, 34 cents less than last month, and 9 cents less than this time last year.
Oil prices hit highest close of the year
AAA says Growing Global Crude Supply Outpaces Demand, Driving December Pump Prices to Cheapest of the Year
December 9, 2018
AAA
Washington, D.C. – At $2.44 the national gas price average has set a new record low for 2018. This is nearly a nickel less than this time last December. AAA expects the national gas price average to fluctuate through the end of the month and possibly end the year as cheap as $2.40.
Globally, crude supply is growing faster than anticipated. Contributing to the surplus is the United States’ record-breaking production levels – which hit the highest level ever recorded by the Energy Information Administration at 11.7 million b/d last month.
Gas prices holding steady according to AAA. (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)
Tennessee Gas Prices are now Lowest of 2018
December 3, 2018
AAA
Nashville, TN – Tennessee gas prices now average the lowest of 2018. Sunday’s state average of $2.24 is 10 cents less than a week ago, and the lowest daily average price since December.
Tennessee gas prices have declined the past seven weeks. The state average has slipped 52 consecutive days, for a total of 45 cents.
On average, gas prices in November were 21 cents less than October.
AAA reports Drivers are Saving $5.00-$10.00 at the Pump.
