AAA says Motorists to see Cheapest Memorial Day Pump Prices in Nearly Two Decades
May 19, 2020
Nashville, TN – After breaking a ten week decline last week, Tennessee gas prices continue to inch higher. The Tennessee Gas Price average is now $1.63 which is only a two cent increase over last week and three cents higher than one month ago.
To keep things in perspective, Tennesseans are still experiencing gas prices that are 92 cents cheaper compared to this time last year.
Tennessee currently the 10th least expensive market in the nation. (AAA)
AAA says Tennessee Gas Prices Likely to Level Out
May 11, 2020
Nashville, TN – The Tennessee gas price average continues to decline and has dropped two cents since this time last week. The Tennessee Gas Price average is now $1.54 which is nearly 17 cents less than one month ago and nearly $1.07 less than one year ago.
“As parts of the state move towards a phased reopening, we expect to see more drivers on Tennessee roadways,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “This will likely cause pump prices to fluctuate and level out over the next week.”
53% of Tennessee filling stations have prices below $1.50. (AAA)
AAA reports only 12 States have Gas Price Average of $2.00/Gallon or More
May 3, 2020
Tampa, FL – As gas prices continue to push cheaper across the country, only one dozen states carry an average of $2.00/gallon or more. The national average is $1.77, which is four cents less than last week, 28 cents cheaper than last month and $1.11 less than a year ago.
Crude oil prices were extremely volatile last week, pushing negative for the first time ever, but they did make significant gains to end the week in the positive.
Most states have Gas Price Average below $2.00/Gallon. (AAA)
AAA says Gas Demand Plummets pushing Pump Prices Lower
April 20, 2020
Tampa, FL – AAA says that the national gas price average has steadily declined for seven weeks, pushing the average cheaper by 61-cents to $1.86 today. During this time frame (since late February), U.S. demand for gasoline has decreased 44% to 5 million b/d as gasoline inventories build across the country.
“We are seeing fast and furious gasoline demand destruction. The latest data reveals demand levels not seen since spring of 1968,” said Jeanette Casselano, AAA spokesperson. “Every U.S. region is seeing builds in gasoline inventories and crude storage, which is just driving pump prices even cheaper.”
No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)
President Donald Trump Pulls WHO Funding, Says Organization ‘Must Be Held Accountable’
April 15, 2020
Washington, D.C. – “President Donald Trump made it official [yesterday] that the administration was halting money to the World Health Organization, the international body that said in January that COVID-19 Coronavirus could not be spread by human-to-human contact, and praised China’s response to the virus,” Fred Lucas reports in The Daily Signal.
“Our countries are now experiencing—look all over the world—tremendous death and economic devastation because those tasked with protecting us by being truthful and transparent failed to do so,” the President said.
U.S. President Donald J. Trump
AAA says Tennessee Gas Prices Drop 8 Cents
April 7, 2020
Nashville, TN – The Tennessee gas price average continues to decline and has dropped nearly 8 cents since this time last week. The Tennessee Gas Price average is now $1.69 which is 49 cents less than one month ago and nearly 83 cents less than one year ago.
“This week, market analysts are watching crude oil prices, which started to increase at the end of last week,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “However, given the low demand readings, increases in crude aren’t likely to have an impact on gas prices in the near-term.”
63% of Tennessee filling stations have prices below $1.75. (AAA)
AAA reports Cheaper Gas Prices Expected for Winter
December 21, 2019
Tampa, FL – AAA says the end of the year historically ushers in some of the cheapest gas prices of the year. This was true in 2018 when the national gas price average was recorded at $2.26 on December 31st.
However, the national gas price average won’t go that low this month. AAA forecasts that gas prices will edge lower than they are today with the national average falling between $2.40-$2.45, which will be 15-20 cents more than last December.
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)
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)
