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Topic: Crude Oil

AAA says August’s National Gas Price Average Remains Flat

 

AAA

AAATampa, FL – The national gas price average has held relatively flat for the last two weeks. Today’s national average is $2.86. The Energy Information Administration’s (EIA) latest reports detail a drop in consumer gasoline demand and a build in gasoline inventories.

In fact, this was the first increase in inventories in six-weeks with a substantial addition of 3 million bbl.

Gas prices holding steady according to AAA. (AAA)

Gas prices holding steady according to AAA. (AAA)

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AAA reports Motorists Pay Most Expensive August Pump Prices since 2014

 

AAA

AAATampa, FL – At 9.88 million b/d, gasoline demand last week was near an all-time record high according to the Energy Information Administration (EIA). More so, the latest EIA data shows gasoline inventories tightening from 240 million bbl at the end of June down to 231 million bbl at the end of July.

The boost in demand and drop in inventory have driven the national gas price average to $2.87, which is the most expensive gas price seen in August since 2014.

AAA says Demand for Gasoline is Soaring Toward New Heights.

AAA says Demand for Gasoline is Soaring Toward New Heights.

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AAA reports Tennessee Gas Prices Decline after Small Hike

 

AAA

AAATampa, FL Prices at the pump increased last week as anticipated, yet are pointing lower again as we move into Monday. 

Gas prices in Tennessee increased 4 cents during the past week. Sunday’s state average of $2.65 is 4 cents more than a month ago and 51 cents more than last year. 

Gas prices in July averaged $2.61 per gallon. That was the highest monthly average for July since 2014.

AAA says gas prices are dropping again. (AAA)

AAA says gas prices are dropping again. (AAA)

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U.S. Gasoline Demand Jumps as Supply Declines on the Week, Gas Price Average Jumps Up Two Cents

 

AAA

AAATampa, FL – As U.S. gasoline demand strengthened and supply declined, the national gas price average jumped two-cents on the week to land at $2.86.

According to the latest Energy Information Administration (EIA) report, total crude inventories fell on the week and now register at 405 million bbl, which is 80 million bbl lower than levels at the same time last year.

National Comparison 2015-2018 - July 30th «Read the rest of this article»

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AAA reports July Gas Prices Proving Volatile

 

AAA

AAATampa, FL – Volatility is the trend for July gas prices as the rate for crude oil rises and drops amid lingering geopolitical concerns. In the U.S., the first half of the month saw pump prices increase from $2.85 to $2.89, while the second half is proving cheaper with the national gas price average down to $2.84 today.

The national average has not been this low since early May.

2018 National Gas Price Comparison - July 23rd «Read the rest of this article»

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AAA reports Tennessee Gas Prices Face Upward Pressure

 

AAA

AAATampa, FL Gas prices rose 2 cents nationwide last week, as prices in the southeast face upward pressure. Wholesale gasoline prices rose 8 cents in Florida and Georgia, and 7 cents in Tennessee.

Gas prices in Tennessee held steady last week, but face upward pressure heading into Monday. Wholesale prices rose 6 cents in the past few days, raising the price for retailers to fill their tanks. 

Gas Prices Face Upward Pressure on Strong Demand.

Gas Prices Face Upward Pressure on Strong Demand.

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AAA reports Tennessee Gas Prices fall 2 cents

 

AAA

AAATampa, FL Gas prices declined for the tenth consecutive day on Sunday. Gas prices in Tennessee declined 2 cents during the past week. The average price for gasoline in Tennessee is averaging $2.61 per gallon. Sunday’s state average a half cent less than a month ago, yet 56 cents more than this time last year. 

Click here to view AAA’s state and metro gas price averages

AAA says oil prices have averaged $3.00-$5.00 less than the previous three weeks.

AAA says oil prices have averaged $3.00-$5.00 less than the previous three weeks.

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AAA reports Tennessee Gas Prices Higher after Refinery Issues

 

AAA

AAATampa, FL Gas prices are trending lower after an small jump at the pump last week. Gas prices in Tennessee are 2 cents higher than a week ago. The state average of $2.63 is 10 cents less than this year’s high, yet remains 61 cents more than this time last year. 

Pump prices rose last week after reports surfaced of seven gulf coast refineries dealing with various operational issues.

Refinery Issues Push Gas Prices Higher. (AAA)

Refinery Issues Push Gas Prices Higher. (AAA)

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AAA reports Gas Prices on the Rise as Demand Remains Strong

 

AAA

AAATampa, FL – AAA reports the national gas price average is $2.87, which is a penny more expensive on the week. Pump prices in nearly 30 states are seeing a jump of as much as eight cents, a dozen states saw prices drop and another dozen states’ gas price averages remain stable from last Monday.

“Demand for gasoline this summer remains very strong week-over-week, driving gas prices higher alongside rising crude prices,” said Jeanette Casselano, AAA spokesperson.

2018 National Gas Price Comparison - July 9th «Read the rest of this article»

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AAA reports Tennessee Gas Prices Increased 1.5 Cents From Last Week

 

Clarksville-Montgomery County has the Least Expensive Gas Prices in Tennessee

AAATampa, FL Tennessee Gas Prices  increased 1.5 cents during the past week. So far, motorists have found the most expensive summer gas prices in four years. Since June 1st, Tennessee gas prices averaged $2.64 per gallon – an increase of nearly 60 cents compared to the average price last summer.

However, current pump prices remain 12 cents below this year’s high, set during Memorial Day weekend. 

Price at the pump continues to fall.

Price at the pump continues to fall.

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