{"id":15253,"date":"2020-01-22T14:00:35","date_gmt":"2020-01-22T20:00:35","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=15253"},"modified":"2020-01-21T21:08:33","modified_gmt":"2020-01-22T03:08:33","slug":"aaa-says-as-temperatures-drop-across-the-country-so-has-gas-prices","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2020\/01\/22\/aaa-says-as-temperatures-drop-across-the-country-so-has-gas-prices\/","title":{"rendered":"AAA says as Temperatures Drop across the Country, so has Gas Prices"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-35320\" title=\"AAA\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2010\/05\/AAA.gif\" alt=\"AAA\" width=\"200\" height=\"122\"><strong>Tampa, FL<\/strong> &#8211; The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago.<\/p>\n<p>Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl \u2013 a stock level not recorded by the Energy Information Administration (EIA) in nearly a year.<\/p>\n<div id=\"attachment_479404\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/Gas-Pump-14.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-479404\" class=\"size-medium wp-image-479404\" title=\"Gas Prices continue to fall at the pump. (AAA)\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/Gas-Pump-14-480x208.jpg\" alt=\"Gas Prices continue to fall at the pump. (AAA)\" width=\"480\" height=\"208\"><\/a><p id=\"caption-attachment-479404\" class=\"wp-caption-text\">Gas Prices continue to fall at the pump. (AAA)<\/p><\/div>\n<p><!--more--><\/p>\n<p>\u201cMotorists across the country are paying less to fill-up as U.S. gasoline supply outpaces demand this winter,\u201d said Jeanette Casselano, AAA spokesperson.<\/p>\n<p>\u201cTypically, we see cheaper gas prices this time of year as motoristsgenerally drive less,\u201d Casselano stated.<\/p>\n<p>Today, gas prices are $2.50 or less at 61% of gas stations in the country.<\/p>\n<h3>Quick Stats<\/h3>\n<ul>\n<li>The nation\u2019s <strong>top&nbsp;10&nbsp;largest weekly decreases&nbsp;<\/strong>are: Michigan (-10 cents), Indiana (-9 cents),<strong>&nbsp;<\/strong>Delaware (-9 cents), Illinois (-6 cents), Maryland (-6 cents), South Carolina (-6 cents), North Carolina (-4 cents), Texas (-4 cents), Georgia (-4 cents) and Pennsylvania (-4 cents).<\/li>\n<li>The nation\u2019s <strong>top 10&nbsp;least expensive markets&nbsp;<\/strong>are: Missouri ($2.16), Texas ($2.23), Oklahoma ($2.23), Mississippi ($2.24), Arkansas ($2.25), Kansas ($2.26), Louisiana ($2.26), South Carolina ($2.28),&nbsp;Delaware($2.29) and Alabama ($2.31).<\/li>\n<\/ul>\n<p><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/2017-2020-National-Gas-Price-Comparison-January-21st.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-479405\" title=\"2017-2020 - National Gas Price Comparison - January 21st\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/2017-2020-National-Gas-Price-Comparison-January-21st-480x354.jpg\" alt=\"2017-2020 - National Gas Price Comparison - January 21st\" width=\"480\" height=\"354\"><\/a><\/p>\n<h3>Great Lakes and Central States<\/h3>\n<p>State gas price averages&nbsp;in the region&nbsp;are as much as&nbsp;a dime cheaper on the week. Three&nbsp;Great Lakes and Central&nbsp;states&nbsp;land on the top 10 list for largest weekly changes: Michigan&nbsp;(-10&nbsp;cents), Indiana (-9&nbsp;cents) and&nbsp;Illinois (-6 cents).&nbsp;Motorists&nbsp;in the region&nbsp;are paying&nbsp;$2.16- $2.61 to fill-up.<\/p>\n<p>[320left]While motorists in the region are paying less compared to last week to fill-up, they are paying a lot more compared to this time last year. Gas prices are at least a quarter more expensive across the region, with Ohio (+54 cents) having the largest year-over-year difference.&nbsp;<\/p>\n<p>Regional gasoline stocks built by 1.5 million bbl, according to the&nbsp;EIA, bumping totals to 56.5 million bbl. Stocks have been steadily building since mid-November and are at the highest level for the region&nbsp;in&nbsp;ten months. Typical regional fluctuation aside, gas prices are poised to continue to edge cheaper through the end of the month.&nbsp;<\/p>\n<h3>South and Southeast<\/h3>\n<p><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/10-Least-Expensive-Average-Gas-Prices-January-21st-2020.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-479406\" title=\"10 Least Expensive Average Gas Prices - January 21st, 2020\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/10-Least-Expensive-Average-Gas-Prices-January-21st-2020-480x208.jpg\" alt=\"10 Least Expensive Average Gas Prices - January 21st, 2020\" width=\"480\" height=\"208\"><\/a><\/p>\n<p>Gas prices are cheaper across the South and Southeast with three states seeing weekly decreases of four cents or more, which land them on the top 10 list of largest weekly differences in the country: South Carolina (-6 cents), Texas (-4 cents) and Georgia (-4 cents). Florida saw the smallest decrease at two cents.&nbsp;<\/p>\n<p>Florida&nbsp;($2.50)&nbsp;carries the most expensive average, followed by Georgia ($2.39). Texas and Oklahoma have the least expensive&nbsp;averages in the region at $2.23.<\/p>\n<p>The region saw a second week of substantial&nbsp;stock&nbsp;builds. EIA data reports the South and Southeast saw&nbsp;an increaseof 3.4 million&nbsp;bbl, measuring&nbsp;total stocks at&nbsp;94.3 million bbl.&nbsp;That is the highest&nbsp;regional&nbsp;stock level on record since the EIA began recording and will likely drive gas prices cheaper for motorists across the&nbsp;South and Southeast&nbsp;as regional refinery utilization&nbsp;is strong&nbsp;at 97%.<\/p>\n<h3>Mid-Atlantic and Northeast<\/h3>\n<p>All states in the&nbsp;Mid-Atlantic and Northeast region saw gas prices decrease&nbsp;on the week. These five&nbsp;states saw the largest declines at the pump&nbsp;in the region:&nbsp;Delaware &nbsp; (-9cents), Maryland (-6 cents), North Carolina (-4 cents), Pennsylvania (-4 cents) and Wisconsin (-4 cents).&nbsp;<\/p>\n<p>[320right]Compared to last month, gas prices are similar if not slightly cheaper than last month: Delaware (-4 cents), North Carolina (-2 cents), West Virginia (-1 cent) and Maryland ($2.46\/no change). All other states in the region are paying as much as four cents more to fill-up month over month.<\/p>\n<p>With a 600,000 bbl build,&nbsp;regional gasoline stocks sit at 65.2million&nbsp;bbl. Gasoline stocks have been steadily building since mid-November during which time regional refinery utilization has mostly held above 67%, paving the way for cheaper gas prices for the region.&nbsp;<\/p>\n<h3>West Coast<\/h3>\n<p><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/10-Largest-Weekly-Decreases-in-Gas-Prices-January-21st-2020.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-479407\" title=\"10 Largest Weekly Decreases in Gas Prices - January 21st, 2020\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/10-Largest-Weekly-Decreases-in-Gas-Prices-January-21st-2020-480x240.jpg\" alt=\"10 Largest Weekly Decreases in Gas Prices - January 21st, 2020\" width=\"480\" height=\"240\"><\/a><\/p>\n<p>Pump prices in the region have mostly dropped. On&nbsp;the week, Nevada&nbsp;(-2 cents) saw the largest decrease&nbsp;in the region, while Hawaii (+1 cent) saw the only&nbsp;increase. Hawaii ($3.66) and California ($3.52) remain the most expensive markets in the country. Washington ($3.12), Oregon ($2.99), Nevada&nbsp;($2.98), Alaska ($2.97) and Arizona ($2.82) follow.<\/p>\n<p>Increased gasoline stocks continue to help put downward pressure on pump prices&nbsp;in the region. According to EIA\u2019s report for the week ending on January&nbsp;10, total gas&nbsp;stocks in the region grew by just over 1&nbsp;million bbl to 33.77&nbsp;million bbl.&nbsp;The current supply level is&nbsp;2.3&nbsp;million bbl higher than last year\u2019s level at this time, which will likely continue to help&nbsp;keep downward pressure on&nbsp;prices in the region throughout the week.<\/p>\n<h3>Rockies<\/h3>\n<p>Gas prices pushed cheaper for another week in&nbsp;the Rockies with Colorado (-4 cents)&nbsp;having the largest decrease on the week followed by&nbsp;Utah&nbsp;(-3 cents), Wyoming (-3 cents),&nbsp;Montana&nbsp;(-2 cents) and Idaho (-2 cents).&nbsp;At $2.55, Montana carries the cheapest&nbsp;state average in the region while Utah ($2.62) has the most expensive.&nbsp;<\/p>\n<p>With a 100,000 bbl build, regional gasoline stocks&nbsp;hit a&nbsp;record-breaking high for the region \u2013 totaling 8.4 million bbl. This is the highest recorded stock level&nbsp;for the region since the EIA began reporting. More so, the region has not seen stocks&nbsp;measure at 8 million bbl (other than the weekprior) since March 2018.&nbsp;This very high and healthy stock levels&nbsp;should continue to put downward pressure on gas prices in the weeks ahead.&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>[470center]<\/p>\n<h3>Oil Market Dynamics&nbsp;<\/h3>\n<p>At the close of Friday\u2019s formal trading session on the NYMEX, WTI increased by two cents to settle at $58.54. Crude prices fell last week&nbsp;after new data showed that China\u2019s economy, the world\u2019s second largest, grew by 6.1% in 2019. It is the country\u2019s slowest expansion in 29 years. The slower-than-expected growth rate has increased market concerns that global crude demand may decline this year.&nbsp;If those concerns continue into this week, crude prices could decrease again.&nbsp;<\/p>\n<p>In related news,&nbsp;EIA\u2019s weekly report that showed total domestic crude inventories decreased by 2.5 million bbl.The current crude stock level, 428.5 million bbl, is 8.5 million bbl lower than the level at this same time last year.<\/p>\n<p>Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at&nbsp;<a target=\"_blank\" href=\"http:\/\/aaa.com\/mobile\" >AAA.com\/mobile<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tampa, FL &#8211; The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago. Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl \u2013 a stock level not recorded by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[17],"tags":[1361,9166,1834,5451,566,7061,7701,10654,9969,9800,2845,6620,2797,10205,10655,1638,1639,11856,1642,2800,5576,1838,1837,9271,1646,9284,2848,1839,1647,2803,7656,1840,7063,5588,1649,1650,9460,4052],"class_list":["post-15253","post","type-post","status-publish","format-standard","hentry","category-community","tag-aaa","tag-alaska","tag-arizona","tag-california","tag-china","tag-colorado","tag-crude-oil","tag-delaware","tag-eia","tag-energy-information-administration","tag-florida","tag-gas-prices","tag-georgia","tag-hawaii","tag-idaho","tag-illinois","tag-indiana","tag-jeanette-casselano","tag-maryland","tag-michigan","tag-montana","tag-nevada","tag-north-carolina","tag-nymex","tag-ohio","tag-oil-prices","tag-oklahoma","tag-oregon","tag-pennsylvania","tag-south-carolina","tag-tampa-fl","tag-texas","tag-utah","tag-washington","tag-west-virginia","tag-wisconsin","tag-wti","tag-wyoming"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/15253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/comments?post=15253"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/15253\/revisions"}],"predecessor-version":[{"id":15254,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/15253\/revisions\/15254"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=15253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=15253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=15253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}