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.
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)
AAA says Gas Prices Remain Stable Despite Record Low Demand
February 10, 2017
Tampa, FL – The national average price of regular unleaded gasoline remained relatively stable over the past week, settling at today’s price of $2.27 per gallon.
Although today’s average remains flat compared to one week ago, drivers are paying ten cents less per gallon month-over-month, and 52 cents more per gallon year-over-year.
Motorists continue to see Slow Declines at the Pump
February 7, 2017
Tampa, FL – Motorists continue to see a slow decline in prices at the pump this week. Today’s national average price for regular unleaded gasoline is $2.272 per gallon, which is fractions of a penny less than one week ago, nine cents less than one month ago and 51 cents more per gallon year-over-year.
“Increased domestic oil production and low seasonal demand continue to push gas prices lower,” said Josh Carrasco, spokesman, AAA – The Auto Club Group. “Oil and gas inventories are above-average for this time of year, which should continue to keep downward pressure on pump prices in the short-term.”
Domestic oil production keeps downward pressure on gasoline prices
AAA reports Increased U.S. Oil Production Pushes Pump Prices Lower
January 24, 2017
Tampa, FL – The national average price of gas continues to decline as U.S. oil production increases. Today’s average price of $2.31 per gallon represents a decrease of three cents per gallon on the week, four cents per gallon on the month, and prices have moved lower for 14 of the past 15 days.
Despite this recent trend lower, retail averages are up by 46 cents per gallon as compared to one year ago.
AAA reports Gas Prices Rise, Historic Decline Streak Ends
February 2, 2015
Tampa, FL – The national average price for gasoline rose last week for the first time in four months, snapping the longest streak of declines at the pump on record. The U.S. average for a gallon of regular unleaded declined 123 consecutive days, from September 26th-January 26th, delivering a discount of $1.31 during that period. The average price has risen 2 cents since Tuesday.
“Gasoline prices have finally adjusted to the plunging price of oil,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Wholesale gas prices rose last weekend, resulting in mild increases at the pump.” [Read more]
AAA announces Gas Price drop surpasses 100 Consecutive Days
January 5, 2015
Tampa, FL – Motorists in Georgia, Tennessee, and now Florida welcomed the New Year with gasoline selling below $2.00 a gallon at some filling stations. This begins what could be a year of monstrous savings at the pump after record-high oil production in 2014 pushed crude oil and gas prices to the lowest level in six years.
U.S. gasoline prices were $1.11 more expensive just one year ago. At the beginning of 2014, the national average for regular unleaded was $3.32. Prices rose in the spring due to refinery maintenance and the switch to “summer-blend gasoline,” peaking at $3.70 on April 18th. [Read more]
AAA reports Gas Prices Fall for 73rd Consecutive Day
December 8, 2014
Tampa, FL – Gas prices are falling like the winter-time snow. The national average price for a gallon of regular unleaded ($2.70) dropped 10 cents in the past week, and is the lowest price since September 2010. The average price has fallen for 73 consecutive days – dropping 66 cents since September 26th.
“The shale boom continues putting downward pressure on the price of oil, which pushes gas prices even lower,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices are forecast to drift lower next week, which means gas prices will follow suit. Gas prices could fall another 15 cents before the end of the year. It’s possible that motorists could find some stations selling gas as low $2.00 a gallon in some markets, but it’s unlikely that average prices would hit those levels.” [Read more]
AAA reports Gas Prices decline for seven consecutive weeks
November 17, 2014
Tampa, FL – Motorists continue enjoying the lowest gas prices in four years. The national average price for a gallon of regular unleaded dropped 52 consecutive days Sunday, falling 45 cents since September 26th.
During that same period, gas prices fell 41 cents in Florida, 49 cents in Georgia and 45 cents in Tennessee. The streak of declines is 42 in Florida, 43 in Georgia, and 44 in Tennessee.
“Gas prices are plunging in-line with the falling price of oil, declining demand, and pumps selling winter-blend fuel which is cheaper to produce,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Gas prices should only get cheaper through the rest of the year.” [Read more]
