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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

California’s Pump Prices Spike while Majority of Country Pays Less to Fill-Up

October 9, 2019

AAATampa, FL – AAA reports that the national gas price average continues to hold steady on the week at $2.65, which is nine cents more expensive than last month, but 26 cents cheaper than a year ago.

Most motorists around the country are seeing prices decline or stabilize, with the majority of states seeing gas prices decrease by as much as a nickel since last Monday.

Gas prices decline at the pump for most of the country. (AAA)

Gas prices decline at the pump for most of the country. (AAA)

[Read more]

AAA reports National Gas Price Average Jumps by a Dime in One Week

September 24, 2019

AAATampa, FL – AAA says that last week was the first time since early June that the national gas price average jumped more than a nickel in under a few days. On the week, it’s a dime more expensive at $2.66 with half of states seeing prices increase by 10 cents or more.

However, even with the significant increase, the national average is still cheaper compared to last month (-6 cents) and last year (-19 cents).

Gas prices holding steady according to AAA. (AAA)

Gas prices holding steady according to AAA. (AAA)

[Read more]

AAA says Most Consumers Continue to See Decreases at Gas Pump

September 4, 2019

AAATampa, FL – On the week, AAA says gas prices are as much as nine cents cheaper in every state except California, (+5 cents), Florida (+4 cents), Ohio (+2 cents) and South Carolina (+1 cent).

Hurricane Dorian has been the driver for the increases in Florida and, most likely, South Carolina.

Hurricane Dorian Puts Pressure on Florida Gas Prices. (AAA)

Hurricane Dorian Puts Pressure on Florida Gas Prices. (AAA)

[Read more]

Demand at All-Time High, Slowing Pump Price Decreases

August 24, 2019

AAATampa, FL – AAA says summer may be ending, but gasoline demand is soaring to new heights. In its latest reading, the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991.

As demand jumped, gasoline stocks fell by 1.4 million bbl and pump prices slowed their decline on the week.

2016-2019 National Gas Price Comparison -August 19th, 2019 [Read more]

AAA reports Domestic Gasoline Stocks Soar, Push Down Gas Prices

August 18, 2019

AAATampa, FL – AAA says the national gas price average, $2.64, represents a seven-cent drop on the week as domestic gasoline stocks built by a surprising 4.4 million bbl, according to the Energy Information Administration’s (EIA) latest data.

Contributing to the build was at least 1.2 million b/d of imports at U.S. ports. With the large bump, stocks now sit 235 million bbl – a U.S. stock level not seen in nearly five months (end of March).

10 Least Expensive Average Gas Prices - August 12th, 2019 [Read more]

AAA says National Gas Price Average Cheaper on the Week, Month and Year

August 7, 2019

AAATampa, FL – AAA reports that the average national gas price dropped by two cents to $2.71 on the week. This is less expensive than a week, a month (-4 cent) and a year (-15 cents) ago. Prices are cheaper as demand saw a small dip on the week, even though overall demand remains robust for the summer.

“While gas prices continue to drop, the rate at which they are decreasing has slowed,” said Jeanette Casselano, AAA spokesperson.

Tennessee is one of the nation’s top 10 least expensive gas markets. (AAA)

Tennessee is one of the nation’s top 10 least expensive gas markets. (AAA)

[Read more]

AAA reports Gas Price Increases at the Pump Slowing Across the Country

July 24, 2019

AAATampa, FL – On the week, AAA says all but eight states saw gas price averages push cheaper or remain stable. At $2.76, the national gas price average is three cents less expensive than last Monday. This is the first time in four weeks that the national average has seen a weekly decline.

“Gasoline stocks remain robust amid a recent dip in demand, which could be one reason we are seeing pump prices starting to roll back,” said Jeanette Casselano, AAA spokesperson.

2016-2019 National Gas Price Comparison - July 22nd, 2019 [Read more]

AAA says Gas Prices are rising this Summer

July 13, 2019

AAATampa, FL – As summer temperatures rise, so are gas prices according to AAA. State averages have jumped, pushing up the national average nearly a dime to $2.75 in the last 15 days.

In addition to rising gasoline demand, 13 states this month have introduced new gas taxes that have contributed to the national average increase. Those states include California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee, and Vermont.

2016-2019 National Gas Price Comparison - July 8th, 2019 [Read more]

AAA says Going Against Usual Trends, Demand Drives Gas Prices Down Even Lower

July 7, 2019

AAATampa, FL – For the week ending June 14th, 2019, U.S. gasoline demand hit its highest level at 9.93 million b/d. It is the highest level ever recorded since the Energy Information Administration (EIA) began publishing data in 1991.

Counterintuitively, as motorists drive demand to new heights, pump prices pushed even cheaper across the country on the week. This is due to the recent trend in cheaper crude pricing and because crude comprises roughly 60% of the costs people pay at the pump, drivers are seeing summer savings.

Gas Prices continue to fall at the Pump despite rising demand. (AAA)

Gas Prices continue to fall at the Pump despite rising demand. (AAA)

[Read more]

AAA says Pump Prices are Dropping Fast with Summer approaching

June 18, 2019

AAATampa, FL – AAA reports that since Memorial Day the national average dropped six cents on the week, following a consistent downward trend.

The decline is unusual for this time of year. Pump prices usually trickle higher during the summer months due to increased demand. However, the latest Energy Information Administration (EIA) report reveals that total domestic gasoline inventories jumped a million bbl last week, helping to push pump prices lower.

According to AAA, U.S. Gasoline Inventories continue to grow. (AAA)

According to AAA, U.S. Gasoline Inventories continue to grow. (AAA)

[Read more]

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