{"id":16813,"date":"2020-08-04T06:27:01","date_gmt":"2020-08-04T11:27:01","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=16813"},"modified":"2020-08-03T21:53:39","modified_gmt":"2020-08-04T02:53:39","slug":"aaa-reports-national-gas-price-average-holding-steady","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2020\/08\/04\/aaa-reports-national-gas-price-average-holding-steady\/","title":{"rendered":"AAA reports National Gas Price Average holding Steady"},"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; On the week, AAA says that the national gas price average held steady at $2.18 as the majority of state averages saw minimal impact at the pump.<\/p>\n<p>With the exception of a few outliers \u2013 Florida (+10 cents), Utah (+10 cents) and Idaho (+5 cents) \u2013 state averages either decreased by four cents or less or increased by no more than two pennies.<\/p>\n<div id=\"attachment_478793\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/Gas-Pump-11.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-478793\" class=\"wp-image-478793 size-medium\" title=\"Gas Price Increases Stalling Across the Country. (AAA)\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/01\/Gas-Pump-11-480x195.jpg\" alt=\"Gas Price Increases Stalling Across the Country. (AAA)\" width=\"480\" height=\"195\"><\/a><p id=\"caption-attachment-478793\" class=\"wp-caption-text\">Gas Price Increases Stalling Across the Country. (AAA)<\/p><\/div>\n<p><!--more--><\/p>\n<p>Gas prices are trending cheaper despite an increase in demand. Up 3% over last week, gasoline demand measured at 8.8 million b\/d \u2013 the highest reading since the pandemic started.<\/p>\n<p>Though, according to the Energy Information Administration (EIA), year-over-year demand is down about 8%.<\/p>\n<p>\u201cThis summer is no doubt the cheapest at the pump for motorists in more than a decade. The last two months have yielded a national average of $2.14,\u201d said Jeanette Casselano, AAA spokesperson. \u201cWhile we expect to see typical fluctuation, August gas prices are not expected to spike, especially amid increases in COVID-19 cases.\u201d<\/p>\n<p>Today\u2019s national average, which is one cent more than last month and 53 cents cheaper than last year, has been largely unaffected by Tropical Storm Isaias. The storm, according to the National Hurricane Center, is likely to regain hurricane strength before reaching the coast between northeastern South Carolina and southern North Carolina later today. Given lower than normal U.S. gasoline demand and healthy stock levels, gas prices nationally are not likely to be impacted by Isaias.<\/p>\n<p><strong>Quick Stats<\/strong><\/p>\n<ul>\n<li>The nation\u2019s <strong>top 10 largest weekly changes<\/strong>: Florida (+10 cents), Utah (+10 cents), Idaho (+5 cents), Washington, D.C. (-4 cents), Indiana (-4 cents), Michigan (-2 cents), Ohio (-2 cents), West Virginia (-2 cents), Oklahoma (-2 cents) and Colorado (-2 cents).<\/li>\n<li>The nation\u2019s <strong>top 10 least expensive markets<\/strong>: Mississippi ($1.82), Louisiana ($1.85), Texas ($1.86), Arkansas ($1.87), Alabama ($1.88), Oklahoma ($1.88), Missouri ($1.89), South Carolina ($1.90), Tennessee ($1.92) and North Carolina ($1.96).<\/li>\n<\/ul>\n<h3>Oil Market Dynamics<\/h3>\n<p><strong>&nbsp;<\/strong>At the end of Friday\u2019s formal trading session, WTI increased by 35 cents to settle at $40.27 per barrel. Domestic crude prices increased after EIA\u2019s latest weekly report revealed that total domestic crude inventories decreased by 10.6 million bbl, bringing the current total to 526 million bbl.<\/p>\n<p>The price increase, amid increasing gasoline demand, up from 8.55 million b\/d to 8.81 million b\/d in the new EIA report, could mean that the domestic crude market is meeting demand and production is stabilizing as coronavirus infections continue to increase worldwide. If crude supplies continue to decline alongside rising demand, domestic crude prices could continue to increase this week.<\/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; On the week, AAA says that the national gas price average held steady at $2.18 as the majority of state averages saw minimal impact at the pump. With the exception of a few outliers \u2013 Florida (+10 cents), Utah (+10 cents) and Idaho (+5 cents) \u2013 state averages either decreased by four [&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":[1361,2795,2796,7061,12675,12712,7701,9969,9800,2845,6620,10655,1639,11856,2799,2800,2801,1644,1837,1646,9284,2848,2803,7656,261,1840,13167,7063,5588,1649],"class_list":["post-16813","post","type-post","status-publish","format-standard","hentry","category-community","tag-aaa","tag-alabama","tag-arkansas","tag-colorado","tag-coronavirus","tag-covid-19","tag-crude-oil","tag-eia","tag-energy-information-administration","tag-florida","tag-gas-prices","tag-idaho","tag-indiana","tag-jeanette-casselano","tag-louisiana","tag-michigan","tag-mississippi","tag-missouri","tag-north-carolina","tag-ohio","tag-oil-prices","tag-oklahoma","tag-south-carolina","tag-tampa-fl","tag-tennessee","tag-texas","tag-tropical-storm","tag-utah","tag-washington","tag-west-virginia"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16813","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=16813"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16813\/revisions"}],"predecessor-version":[{"id":16814,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16813\/revisions\/16814"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=16813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=16813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=16813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}