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Information Articles for the Paris TN and Henry County Tennessee area

Articles

Information Articles for the Paris TN and Henry County Tennessee area

AAA says Growing Global Crude Supply Outpaces Demand, Driving December Pump Prices to Cheapest of the Year

December 9, 2018

AAA

AAAWashington, 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)

Gas prices holding steady according to AAA. (AAA)

[Read more]

AAA says National Gas Price Average is Cheaper for First Time in 18 Months than One Year Ago

December 6, 2018

AAA

AAATampa, 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)

Prices at the Pump continue to fall across the United States. (AAA)

[Read more]

Tennessee Gas Prices are now Lowest of 2018

December 3, 2018

AAA

AAANashville, 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.

AAA reports Drivers are Saving $5.00-$10.00 at the Pump.

[Read more]

AAA reports Tennessee Gas Prices Nearing 2018 Low

November 26, 2018

AAA

AAANashville, TN Tennessee gas prices are approaching their lowest levels of the year, and motorists should see additional discounts this week.

Just as retailers cut prices on Black Friday, the price of crude also dropped by more than 10 percent – for concerns that strong global oil production will overpower demand. 

Tennessee Gas Prices head to 2018 Lows according to AAA. (AAA)

Tennessee Gas Prices head to 2018 Lows according to AAA. (AAA)

[Read more]

AAA reports Tennessee Gas Prices Drop to Seven-Month Lows

November 5, 2018

AAA

AAANashville, TN Tennesseans are finding the lowest prices at the pump since April. The state average price for a gallon of regular unleaded is $2.56 – 17 cents less than this year’s high, and 28 cents more than this time last year. 

Gas prices continued their downward trek last week, declining another 5 cents.  The state average declined for the 24th consecutive day on Sunday, for a total discount of 14 cents.

AAA believes the highest gas prices of the year are behind us.

AAA believes the highest gas prices of the year are behind us.

[Read more]

AAA says Tennessee Gas Prices to Rise Before Independence Day

July 2, 2018

AAA

AAATampa, FL – Gas prices are are facing upward pressure as Independence Day quickly approaches. AAA forecasts nearly 47 million Americans will travel for the holiday. The 39.7 million – who will drive – will find gas prices 50-60 cents more than last year. 

Gas prices in Tennessee remain a half cent below what motorists paid this time last year. Sunday’s average of $2.60 is 60 cents more than this time last year. 

Gas Prices at the pump to start rising before Independence Day. (AAA)

Gas Prices at the pump to start rising before Independence Day. (AAA)

[Read more]

Tennessee Gas Prices Fall for 28th Straight Day

June 25, 2018

AAA

AAANashville, TN Gas prices in Tennessee declined for the 28th consecutive day on Sunday. However, higher oil prices may soon put the brakes on that downward streak at the pumps. 

The state average of $2.60 is 5 cents less than a week ago and 12 cents less than last month. However, Tennessee motorists are still paying nearly 60 cents more per gallon compared to last year. 

Tennessee Gas prices on average have fallen 5 cents in the past week.

Tennessee Gas prices on average have fallen 5 cents in the past week.

[Read more]

National Gas Price Average Falls For First Time in Three Months

June 6, 2018

AAA

AAATampa, FL – Dropping by two-cents on the week, the national gas price average is $2.95 reports AAA. This is the first time there has been a decrease in the national average since mid-March.

The drop, albeit it small, follows the latest Energy Information Administration (EIA) report showing consistently strong demand although it is running slightly below (100,000 b/d less) the same week last year.

2018 National Gas Price Comparison - June [Read more]

AAA says Gas Prices in Tennessee drop slightly

June 5, 2018

Clarksville-Montgomery County continues to have Third Lowest Gas Prices in Tennessee

AAATampa, FL The summer driving season is in full swing, and it opened with the most expensive gas prices in four years. Fortunately, those prices at the pump are beginning to trickle lower. 

The national average price of $2.95 per gallon is 2 cents less than last week. The discount at the pump is begin driven by strong declines in the price of oil – which influences about half the price of gasoline. 

Rising Oil Prices means Higher Gas Prices at the Pumps. (AAA)

Rising Oil Prices means Higher Gas Prices at the Pumps. (AAA)

[Read more]

Tennessee Gas Prices increase 5 Cents

May 21, 2018

Clarksville-Montgomery County has Third Lowest Gas Prices in Tennessee

AAANashville, TN As the national average continues to push toward $3.00 a gallon, gas prices in the southeastern United States are among the lowest in the country. Sunday’s national average of $2.92 is 5 cents more than a week ago and 57 cents more than this time last year.

As of Sunday, gas prices averaged above $3.00/gal in 14 states. The majority of them are in the northeast and western United States. Rising crude costs, switchover to more-expensive-to-produce gasoline by the federal deadline on June 1st, tighter supplies and robust gasoline demand continue to help lift pump prices across the nation. 

Rising Oil Prices means Higher Gas Prices at the Pumps. (AAA)

Rising Oil Prices means Higher Gas Prices at the Pumps. (AAA)

[Read more]

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