Tampa, FL – Gasoline is selling at the lowest price since March amid rising gasoline supplies and falling oil prices. The national and Florida average prices for a gallon of regular unleaded gasoline are on a 30-day streak of declines.
Prices in Georgia and Tennessee have fallen 34 and 32 consecutive days respectively.
“Oil prices briefly rose following the crash of Malaysian Airliner Flight MH17, but gas prices didn’t skip a beat last week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Motorists continue to enjoy discounts at the pump and that’s likely to continue this week.” «Read the rest of this article»
Tampa, FL – News that a Malaysian Airliner was shot down quickly put upward pressure on the price of oil. West Texas Intermediate closed the week at $103.13 a barrel on the NYMEX on Friday – an increase of $2.30 from last week.
“Oil rose on concerns that violence could spread in response to the crash,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Gas prices are currently falling more than a half cent a day, but geopolitical tension could slow the rate of discount at the pump this week.” «Read the rest of this article»
Tampa, FL – The price of oil dropped for the third consecutive week, pushing retail prices to their lowest level in months. Sunday, the national average price for a gallon of regular unleaded gasoline fell for the 16th consecutive day. Since last week, the average price fell 4 cents to $3.62, the cheapest price since April.
Oil settled at its lowest price in two months on the NYMEX as U.S. stockpiles increased last week and supply risks eased in Iraq and Libya. The price for a barrel of oil settled at $100.83 Friday, a $3.23 decline from a week ago. «Read the rest of this article»
Tampa, FL – The United States surpassed Saudi Arabia and Russia to become the world’s biggest oil producer this year.
According to a report from the Bank of America Corp., the U.S. is projected to remain the top producer of 2014 because domestic output is forecast to increase and production growth outside the U.S. has been lower than anticipated. «Read the rest of this article»
No Construction-Related Lane Closures on Tennessee Highways July 3rd-7th
Nashville, TN – Road construction won’t slow motorists across Tennessee over the July 4th holiday. The Tennessee Department of Transportation will suspend all construction-related lane closures on interstates and state routes beginning at 6:00am on Thursday, July 3rd, 2014 through 6:00am on Monday, July 7th to provide maximum roadway capacity for holiday travelers.
Tampa, FL – Gasoline prices are beginning to decline as we approach the Independence Day holiday weekend. AAA forecasts the most automobile travelers in seven years, as more than 34.8 million Americans will drive 50 miles or more.
However, motorists are likely to find the most expensive gasoline prices for Independence Day since 2008.
Optimistic Americans are dusting off credit cards, helping to boost overall holiday travel volume 1.9% over last year
Tampa, FL - AAA Travel projects 41 million Americans will journey 50 miles or more from home during the Independence Day holiday weekend, a 1.9 percent increase from the 40.3 million people who traveled last year and a nearly 14 percent increase compared to the Memorial Day holiday weekend.
The majority of travelers will be celebrating their freedom with a road trip, with more than eight in 10 (34.8 million) choosing to travel by automobile, the highest level since 2007. «Read the rest of this article»
Tampa, FL – The violence in Iraq caused plenty of pain at the pump for U.S. motorists last week. Throughout the last seven days, the average price for a gallon of regular unleaded rose 5 cents in Florida and Tennessee, and 6 cents in Georgia.
“Motorists will be relieved to see that the average price for gasoline came to a screeching halt over the weekend,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Unfortunately, the unrest in Iraq is likely to continue influencing prices in the near future.” «Read the rest of this article»
Tampa, FL – Gasoline prices in the southeast were on a streak of declines before the conflict in Iraq began. The average price for a gallon of gasoline fell 51 days straight in Florida, 44 days in Georgia, and 12 days in Tennessee.
However, the streaks ended Saturday as the violence in Iraq caused oil prices to jump.
Tampa, FL – Crude oil and gasoline prices have been volatile across the country. In the past couple of weeks, prices in most states have fluctuated slightly, while motorists in the southeast have seen slow and steady declines.
Since last week, the average price for a gallon of regular unleaded fell 1-cent in Tennessee, 2 cents in Florida, and 3 cents in Georgia. «Read the rest of this article»
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