AAA reports Gas Prices have risen 15 cents since May
August 4, 2021
Washington, D.C. – Americans are paying a pretty penny to hit the road this summer. The monthly national gas price average has increased from $3.00 in May to $3.07 in June to $3.15 in July. The beginning of August will likely be as expensive as July, especially as crude oil prices remain over $70.00 per barrel.
An increase in global crude production is expected this month. However, even with the additional supply, global demand could outpace global supply and keep prices high.
Winter Storm shuts down refineries causing gas prices to spike. (AAA)
Gas Prices continue to slowly fall
December 14, 2019
Tampa, FL – At $2.57, AAA says the national gas price average is a penny cheaper on the week. The majority of states saw minimal movement at the pump in the last week, several saw decreases of up to four cents while fewer than a dozen states saw gas prices increase.
“Since the end of October, gasoline demand has mostly decreased as gasoline stocks have mostly increased, paving the way for cheaper gas prices,” said Jeanette Casselano, AAA spokesperson.
Gas prices look to continue their steady decrease. (AAA)
Gas Price Trends Falling into Place for Autumn
September 12, 2019
Tampa, FL – AAA says gas prices continue to trend – slowly, but surely – cheaper with half of all states seeing pump prices drop two-cents on the week. This caused the national average to push cheaper by a penny down to $2.56. Today’s average is 11-cents less than a month ago and 28-cents cheaper than a year ago.
In its latest weekly report, the Energy Information Administration (EIA) notes that U.S. gasoline demand saw a steady decline from 9.9 million b/d to 9.4 million b/d, a reading typical for the start of fall.
Gas prices to get cheaper this Autumn. (AAA)
AAA reports Total United States Gasoline Stocks Jump
May 24, 2019
Tampa, FL – AAA says that gasoline supplies across the country increased by 3.7 million bbl last week, according to new data from the Energy Information Administration (EIA).
At 228.7 million bbl, total gasoline inventories in the U.S. are 5.2 million bbl lower than were they were in mid-May 2018. One of the reasons stocks increased because U.S. gasoline exports fell to the lowest rate in 2019 and the weakest since December 2018.
Increased Gas Inventories in the United States could help keep pump prices down this summer. (AAA)
AAA reports Tennessee Gas Prices will average $2.38 during Thanksgiving
November 19, 2018
AAA
Nashville, TN – Oil prices hit a new low last week, further fueling the plunge at the pump. Gas prices in Tennessee dropped another 8 cents last week. At $2.42 per gallon, the state average is the lowest since March, and only 16 cents higher than this year’s lowest daily average price of $2.26/g.
Thanksgiving gas prices in Tennessee will be slightly higher than last year. AAA forecasts more than 1.2 million Tennesseans will travel for Thanksgiving. Of those, 95 percent (nearly 1.2 million) will drive. By Thanksgiving Day, the state average should drop to $2.38/g, which is only 8 cents more than last year’s holiday ($2.30).
The Average Gas Price in Tennessee is the Lowest Since March.
AAA reports Gas Prices and Consumer Demand on Steady Decline
December 12, 2017
Tampa, FL – The national average price for a gallon of gasoline dropped two cents on the week to $2.46. East Coast and Midwest states are seeing the largest drops in gas prices – as much as six cents – in the last week.
While a small number of states, who historically experience ongoing volatility, are seeing increases: Indiana (+11 cents), Michigan (+8 cents), Ohio (+4 cents), Hawaii (+1 cent) and Illinois (+1 cent).
AAA says Heading into December, Gas Prices Decline Across the Country
November 29, 2017
Tampa, FL – The national gas price average has been trending cheaper for 10 days. At $2.51, today’s price is three cents less than last Monday. On the week, 49 states are paying less at the pump for a gallon of regular gasoline.
The District of Columbia and Hawaii saw their gas price increase by one cent. Prices have dropped between one and 15 cents elsewhere across the country.
Price at the pump continues to fall.
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 Make Slow 10 Day Decline
March 14, 2017
Tampa, FL – After remaining relatively flat, the national average price for regular unleaded gasoline has now fallen for 10 straight days to today’s average of $2.30 per gallon.
Today’s national average is one cent less than one week ago and two cents more than one month ago. Compared to this same date last year, consumers are paying 37 cents more per gallon at the pump.
AAA reports Gas Prices Stay Steady
February 13, 2017
Tampa, FL – Prices at the pump rose slightly this week. The national average for a gallon of regular unleaded gasoline is $2.279 today, up nearly a penny from last week, down 8 cents from a month ago and an increase of 58 cents over last year.
“Low demand is keeping downward pressure on gasoline prices,” said Josh Carrasco, spokesman, AAA – The Auto Club Group. “OPEC’s cuts are being offset by increases in domestic oil production, high gasoline and oil inventories and a drop in gasoline demand. Gas prices should remain steady in the near-term before taking their seasonal upswing as we head into the spring.”
The price at the pump see little movement this week according to AAA. (AAA)
