AAA says Cost of Gasoline Is Still Going Up
October 18, 2021
Washington, D.C. – The national average for a gallon of gasoline rose a nickel over the past week to hit $3.32. The primary driver of this surge remains the cost of crude oil, which is now closing daily above $80.00 a barrel. In August, the price of crude was in the low $60.00s per barrel.
“Compared to the price of gas a year ago, it now costs consumers about $17.00 more to fill up their vehicles,” said Andrew Gross, AAA spokesperson. “That’s the cost of a large pizza with toppings. And unfortunately, it doesn’t look like drivers will be finding relief at the pump any time soon.”
National Gas Price Average for a gallon of gasoline went up Five Cents this past week. (AAA)
National Gas Price Average rises close to $2.00/Gallon
June 2, 2020
Tampa, FL – The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase.
However, demand is still down nearly 25% compared to last year, according to the Energy Information Administration’s (EIA) latest reports.
National gas price average has increased to $1.97. (AAA)
AAA says Gas Demand Plummets pushing Pump Prices Lower
April 20, 2020
Tampa, FL – AAA says that the national gas price average has steadily declined for seven weeks, pushing the average cheaper by 61-cents to $1.86 today. During this time frame (since late February), U.S. demand for gasoline has decreased 44% to 5 million b/d as gasoline inventories build across the country.
“We are seeing fast and furious gasoline demand destruction. The latest data reveals demand levels not seen since spring of 1968,” said Jeanette Casselano, AAA spokesperson. “Every U.S. region is seeing builds in gasoline inventories and crude storage, which is just driving pump prices even cheaper.”
No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)
National Gas Price Average drops as United States Gas demand Plummets
April 12, 2020
Tampa, FL – Today’s national gas price average is $1.92. That is nine cents cheaper than last Monday, 48 cents less than a month ago and 81 cents less expensive than a year ago.
On the week, pump prices continued to push less expensive with gasoline demand registering at its lowest point since 1993.
AAA reports Pump Prices, Crude Oil Continue to Decline
February 6, 2020
Tampa, FL – The national gas price average is $2.47, which is four cents cheaper than last week and 11 cents cheaper than the beginning of the year. Motorists are paying less to fill up especially as crude oil prices are less expensive.
“Gas prices are pushing cheaper for two reasons. Crude oil prices are $10.00 less a barrel than one month ago and U.S. gasoline stocks sit at an all-time record high,” said Jeanette Casselano, AAA spokesperson.
Gas Prices continue to fall at the pump. (AAA)
Year-End Gas Prices Edge Higher
December 31, 2019
Tampa, FL – A year-end spike in road trip travel due to the holidays helped to push the national average more expensive on the week – up four cents to $2.58. Compared to last month, the national average is the same price, but 31 cents more expensive than the end of 2018.
“The majority of states saw gas prices increase in the last week – some by as much as a nickel to a dime, but any spikes in gas prices that motorists are seeing will be short-lived,” said Jeanette Casselano, AAA spokesperson.
Gas Prices spiked during the holidays. (AAA)
AAA says most Thanksgiving Holiday Travelers will see Cheaper Gas Prices this year
November 27, 2019
Tampa, FL – AAA says for the 49 million Americans hitting the road for the Thanksgiving holiday, they will find gas prices mostly similar, if not cheaper, than last year’s holiday. Today’s national average is $2.59. That is just a few cents over the 2018 holiday weekend average of $2.57.
“During Thanksgiving week last year we saw the national gas price average decrease a nickel between Monday and Thursday, that could be the case again this year,” said Jeanette Casselano, AAA spokesperson.
Gas prices continue to decline at the pump. (AAA)
AAA reports Gas Prices drop across most of United States
November 21, 2019
Tampa, FL – On the week, gas prices are mostly cheaper across the country. A small number of states saw pump prices decrease more than a dime, though the majority saw fluctuation of a few pennies. Today’s national average of $2.59 is two cents cheaper than last week.
“An increase in gasoline stocks amid robust demand helped to push gas prices cheaper on the week,” said Jeanette Casselano, AAA spokesperson.
Gas prices fall a few cents across the Country. (AAA)
National Gas Price Average Slowly, but Steadily Declines for Three Weeks
October 15, 2019
Tampa, FL – AAA says despite an unseasonal spike in demand, according to the Energy Information Admiration’s (EIA) latest data sets, gas prices are decreasing for the majority of motorists across the country as crude oil prices (WTI) remain under $54.00/bbl.
Today, the national average gas price is $2.63, which is two cents less than last week and 26 cents cheaper than last year, but six-cents more expensive than last month.
Gas prices at the pump continue to fall. (AAA)
AAA reports National Gas Price Average Jumps by a Dime in One Week
September 24, 2019
Tampa, 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)
