{"id":17353,"date":"2020-11-14T16:54:27","date_gmt":"2020-11-14T22:54:27","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=17353"},"modified":"2020-11-14T13:32:55","modified_gmt":"2020-11-14T19:32:55","slug":"aaa-reports-gas-demand-weakens-as-motorist-continue-to-see-cheaper-pump-prices","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2020\/11\/14\/aaa-reports-gas-demand-weakens-as-motorist-continue-to-see-cheaper-pump-prices\/","title":{"rendered":"AAA reports Gas Demand Weakens as Motorist Continue to See Cheaper Pump Prices"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-231887\" title=\"AAA\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2014\/05\/AAA-logo-sm-200x130.jpg\" alt=\"AAA\" width=\"200\" height=\"130\"><strong>Tampa, FL<\/strong> &#8211; The national gas price average pushed a penny cheaper on the week to $2.11 following an increase in gasoline stocks and a dip in demand. Stocks added 1.5 million bbl to total 227.6 million bbl, in the Energy Information Administration\u2019s latest report, while demand decreased to 8.3 million b\/d.<\/p>\n<p>\u201cAs some states increase travel restrictions and others roll back reopening processes, demand is positioned to weaken, though not likely drop as low as we saw in March and April,\u201d said Jeanette Casselano McGee, AAA spokesperson. \u201cThat translates to a continuation of cheaper gas prices at the pump.\u201d<\/p>\n<div id=\"attachment_504511\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/11\/Gas-Pump-21.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-504511\" class=\"size-medium wp-image-504511\" title=\"National Gas Price Average drops one cent. (AAA)\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2020\/11\/Gas-Pump-21-480x262.jpg\" alt=\"National Gas Price Average drops one cent. (AAA)\" width=\"480\" height=\"262\"><\/a><p id=\"caption-attachment-504511\" class=\"wp-caption-text\">National Gas Price Average drops one cent. (AAA)<\/p><\/div>\n<p><!--more--><\/p>\n<p>While crude oil prices rallied on the week, up from a four month low of $35.00\/bbl to as high as $39.00\/bbl, they remain extremely inexpensive. This is a dominant factor, along with low demand, contributing to the cheaper prices seen at pumps around the country.<\/p>\n<p>On the week, only four states saw gas prices increase: Indiana (+6 cents), Ohio (+6 cents) and Illinois (+2 cent) and Washington, D.C. (+1 cent). As has been the trend for weeks now, the majority of states gas price averages continue to push cheaper. Nearly 20 states start the week with an average at least three cents cheaper than last Monday.<\/p>\n<p>At $2.11, today\u2019s national average is seven cents cheaper than last month and 51 cents less expensive than last year.<\/p>\n<h3>Quick Stats<\/h3>\n<ul>\n<li>The nation\u2019s top <strong>10 largest weekly changes<\/strong>: Delaware (-7 cents), Indiana (+6 cents), Ohio (+6 cents), Michigan (-4 cents), Florida (-4 cents), Texas (-4 cents), Maryland (-4 cents), Kentucky (-4 cents), Georgia (-4 cents) and Missouri (-3 cents).<\/li>\n<li>The nation\u2019s top <strong>10 least expensive markets<\/strong>: Missouri ($1.76), Texas ($1.77), Mississippi ($1.78), Oklahoma ($1.78), South Carolina ($1.81), Arkansas ($1.81), Louisiana ($1.83), Alabama ($1.84), Tennessee ($1.85) and Kansas ($1.88).<\/li>\n<\/ul>\n<h3>Oil Market Dynamics<\/h3>\n<p>At the close of Friday\u2019s formal trading session, WTI decreased by $1.65 to settle at $37.14. Domestic crude prices fell due to market concern about increasing coronavirus infections worldwide, which will lower crude demand as countries impose more restrictions that will reduce oil consumption.<\/p>\n<p>The drop in crude prices occurred despite EIA\u2019s weekly report showing that total domestic crude inventories declined by 8 million bbl to 484.4 million bbl. As demand concerns continue to weigh on the market this week, crude prices will likely continue to decrease.<\/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<p>&nbsp;<\/p>\n<p>[470center]<\/p>\n<h3>About AAA &#8211; The Auto Club Group<\/h3>\n<p>The Auto Club Group (ACG) is the second largest AAA club in North America with more than 14&nbsp;million members across 14 U.S. states, the province of Quebec and two U.S. territories.&nbsp;ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more.<\/p>\n<p>ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada. AAA\u2019s mission is to protect and advance freedom of mobility and improve traffic safety.<\/p>\n<p>For more information, get the <a target=\"_blank\" href=\"https:\/\/michigan.aaa.com\/travel\/aaa-mobile-app.aspx?cid=DeepLink_mobile&amp;zip=48126&amp;devicecd=PC\" >AAA Mobile app<\/a>, visit <a href=\"https:\/\/urldefense.proofpoint.com\/v2\/url?u=https-3A__u7061146.ct.sendgrid.net_wf_click-3Fupn-3D84Em28S1K9SvtzcUtu04EqS0wHmggT0STz4N9rrcaJA-2D3D-5Fu-2D2FU3HQg57IFE2YEjsnj0x0wmzuH55EcPgG2-2D2FayiXcAYVC5E12Ci4EgtCA4R22QC8zCncWoh5gJEobRWPogxyEq3V0QpZN-2D2FnhKsGFko8VMjux9mOxN0fxL2XcefI50HGLbELWBKZEyr-2D2B-2D2BKpM5fu2NHJ8jqx3ShBV7z6obwNfiTbFgA5AQnWZsnRO7Kshi9ksW-2D2FMrFJfs3uJ6DrAwet-2D2F9CrxB3HxoQOi11zy4SszPhdyT7YdqeN0z9TrAYbOIRn9aE5dblp0RPgmdAhF9byLOtcj87jZxM5k3zk7m1MmZjZs3Sz-2D2FSjowzgbva9VAHfGZeAxIw8iw9nDWia9LAAiomy6HNn4tl8OJreEdWR2sN2xPg-2D3D&amp;d=DwMFaQ&amp;c=eNuipZQSSZ-V2OUyrfaYLSftczBV2p4CfLkxUOKUdcA&amp;r=EtxxmYXQkkFLeINu5BtjQUGun1RklX8UkFIhDYLHVZw&amp;m=d5YmjGfnUeniXhdG-5_Nyw2vtpL7pJ4ygJ_J84Q-eE8&amp;s=dDiFGwHxltSJNODZAtcZ9H2EF_6J__1S8Mal0_LGyLM&amp;e=\"  target=\"_blank\" rel=\"noopener noreferrer\">AAA.com<\/a>, and follow us on Facebook, Twitter and LinkedIn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tampa, FL &#8211; The national gas price average pushed a penny cheaper on the week to $2.11 following an increase in gasoline stocks and a dip in demand. Stocks added 1.5 million bbl to total 227.6 million bbl, in the Energy Information Administration\u2019s latest report, while demand decreased to 8.3 million b\/d. \u201cAs some states [&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":[1361,2795,2796,7701,10654,9969,2845,6620,2797,1638,1639,4050,1641,2799,1642,2800,2801,1644,1646,9284,2803,7656,261,1840,3338,9460],"class_list":["post-17353","post","type-post","status-publish","format-standard","hentry","category-community","tag-aaa","tag-alabama","tag-arkansas","tag-crude-oil","tag-delaware","tag-eia","tag-florida","tag-gas-prices","tag-georgia","tag-illinois","tag-indiana","tag-kansas","tag-kentucky","tag-louisiana","tag-maryland","tag-michigan","tag-mississippi","tag-missouri","tag-ohio","tag-oil-prices","tag-south-carolina","tag-tampa-fl","tag-tennessee","tag-texas","tag-washington-d-c","tag-wti"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/17353","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=17353"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/17353\/revisions"}],"predecessor-version":[{"id":17354,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/17353\/revisions\/17354"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=17353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=17353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=17353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}