{"id":17945,"date":"2021-09-12T12:00:30","date_gmt":"2021-09-12T17:00:30","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=17945"},"modified":"2021-09-12T04:01:46","modified_gmt":"2021-09-12T09:01:46","slug":"national-gas-price-average-sees-minimal-impact-from-hurricane-ida","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2021\/09\/12\/national-gas-price-average-sees-minimal-impact-from-hurricane-ida\/","title":{"rendered":"National Gas Price Average Sees Minimal Impact from Hurricane Ida"},"content":{"rendered":"

\"AAA\"Washington, D.C.<\/strong> – Following Labor Day weekend and the remnants of Hurricane Ida, the national gas price average has stabilized at $3.18, which is just 3 cents more expensive on the week.<\/p>\n

The storm took about 13% of U.S. refinery capacity offline and while there are no firm re-start dates, refineries are expected to be back online this month.<\/p>\n

\"2018-2021<\/a><\/p>\n

Gasoline stock levels are currently at 227.2 million bbl, which is a healthy level. However, stock levels could tighten until refineries resume normal operations. Typically, a constraint on stocks would mean higher gas prices, but with demand expected to decrease going into the fall, price fluctuation should be minimal. Today\u2019s national average is the same as last month, but 96 cents more than a year ago.<\/p>\n

\u201cHistorically, gas demand starts to decline in the fall as schools reopen and summer road trips end, which leads to less expensive gas prices,\u201d said Jeanette McGee, AAA spokesperson. \u201cDespite the dip in demand, the national average is expected to remain above $3\/gallon especially as crude oil continues to price on the higher end.\u201d<\/p>\n

Motorists will welcome the cheaper gas prices following the most expensive summer at the pump in seven years.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
Year<\/strong><\/td>\nNational Average Memorial Day \u2013 Labor Day<\/strong><\/td>\n<\/tr>\n
2014<\/td>\n$3.57<\/td>\n<\/tr>\n
2015<\/td>\n$2.78<\/td>\n<\/tr>\n
2016<\/td>\n$2.23<\/td>\n<\/tr>\n
2017<\/td>\n$2.33<\/td>\n<\/tr>\n
2018<\/td>\n$2.87<\/td>\n<\/tr>\n
2019<\/td>\n$2.70<\/td>\n<\/tr>\n
2020<\/td>\n$2.14<\/td>\n<\/tr>\n
2021<\/td>\n$3.13<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

 <\/p>\n

Quick Stats<\/h3>\n