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)
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 Tennessee Gas Prices Nearing 2018 Low
November 26, 2018
AAA
Nashville, 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)
AAA reports Tennessee Gas Prices Drop to Seven-Month Lows
November 5, 2018
AAA
Nashville, 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 reports Gas Prices slip as Crude Stocks Swell
October 22, 2018
AAA
Nashville, TN – AAA says Gas prices in Tennessee have declined for the past 10 consecutive days – for a total discount of 4 cents during that time. Sunday’s state average of $2.65 is 3 cents less than a week ago. However, Tennessee gas prices remain 7 cents more than a month ago, and 37 cents more than this time last year.
On average, Tennessee motorists spend $40.00 for a full tank of gasoline – $6.00 more than this time last year.
Oil Prices Decline
Motorists Pay Most Expensive August Pump Prices since 2014
August 13, 2018
AAA
Tampa, FL – At 9.88 million b/d, gasoline demand last week was near an all-time record high according to the Energy Information Administration (EIA). More so, the latest EIA data shows gasoline inventories tightening from 240 million bbl at the end of June down to 231 million bbl at the end of July.
The boost in demand and drop in inventory have driven the national gas price average to $2.87, which is the most expensive gas price seen in August since 2014.
AAA says Demand for Gasoline is Soaring Toward New Heights.
AAA says Gas Prices in Tennessee drop slightly
June 5, 2018
Clarksville-Montgomery County continues to have Third Lowest Gas Prices in Tennessee
Tampa, 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)
AAA says January Gas Prices are most Expensive in Four Years
January 22, 2018
Clarksville-Montgomery County has the Third Cheapest Gas Prices in Tennessee
Nashville, TN – Gas prices are having the most expensive start to the year since 2014. So far this year, Tennessee gas prices climbed an average of 9 cents. Last week, the state average rose 2 cents. Sunday’s state average of $2.36 is 14 cents more than a month ago, and 25 cents more than this time last year.
“It has been anything but a normal January for prices at the pump,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Normally, demand slips and supplies build. However, this story so far this year has been a rally in oil prices.
Tennessee Gas Prices rise 9 cents over the past week.
AAA reports Gas Prices Plateau after Unseasonable Jump at the Pump
November 13, 2017
Clarksville-Montgomery County has the Second Cheapest Gas Prices in Tennessee
Nashville, TN – Gas prices plateaued over the weekend, after an unseasonable jump at the pump last week. Tennessee gas prices rose an average of 8 cents in 10 days. Some of the highest weekly hikes were in Knoxville (9 cents), Morristown (7 cents), Chattanooga (7 cents) and Cleveland (7 cents).
The state average’s steady climb came to a crawl over the weekend. Tennessee gas prices averaged $2.34 on Sunday, just fractions of a penny less than the day before. The state average is 6 cents more than a week ago and 31 cents more than last year.
“Jump at the Pump” Stalls over the Weekend. (AAA)
AAA reports Gas Prices are holding Steady for now
February 21, 2017
Tampa, FL – Motorists saw little movement in pump prices this week. But gasoline could soon be on the rise as spring approaches due to refinery maintenance, an increase in driving and the switch to summer-blend fuels.
Currently, the national average for a gallon of regular unleaded gasoline is $2.283, up four-tenths of a cent from last week, down 5 cents from a month ago and 56 cents higher year-over-year.
The price of gas should take a seasonal upswing in the coming weeks.
