Clarksville, TN Online: News, Opinion, Arts & Entertainment.


Topic: Crude Oil

AAA says Crude Inventories Rise Less Than Expected

 

AAA

AAATampa, FL – According to AAA At the end of last week, total domestic crude oil inventories rose less than expected – a build of only 1.3 million bbl to total 447.2 million bbl, according to new data from the Energy Information Administration (EIA).

The slight build in crude inventories was supported by a sharp drop in demand for gasoline, which fell by approximately 500,000 b/d to 9.1 million b/d, according to EIA. With crude stockpiles growing less than anticipated, crude prices will likely continue to gain ground.

AAA reports Higher Oil and Pump Prices Likely Ahead.

AAA reports Higher Oil and Pump Prices Likely Ahead.

«Read the rest of this article»

Sections: News | No Comments
 

AAA reports United States Gas Price Averages Inching Up Amid Rising Demand

 

AAA

AAATampa, FL – Many motorists filling up across the country are noticing gas prices that are increasing slightly. While nearly 25 states’ averages increased on the week, the national average is only a penny more than a week ago at $2.26.

The fluctuating national and state gas price averages come alongside an increase in gasoline demand and reflect the higher crude oil prices as of late, but it’s likely not to be a long-term trend.

While nearly 25 states’ averages increased on the week, the national average is only a penny more than a week ago. (AAA)

While nearly 25 states’ averages increased on the week, the national average is only a penny more than a week ago. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 


AAA reports National Gas Price Average Inches Up for First Time in Three Months

 

AAA

AAATampa, FL – At a penny more expensive on the week, the national gas price average ($2.25) increased for the first time since October. Despite the increase, today’s average is still cheaper month-over-month (-14 cents) and year-over-year (-28 cents).

“The price of crude oil has been slowly, but steadily increasing since the beginning of the year, which is starting to push up pump prices,” said Jeanette Casselano, AAA spokesperson.

2016-2019 National Gas Price Comparison - January 14th «Read the rest of this article»

Sections: News | No Comments
 

AAA reports Tennessee Gas Prices rise One Cent

 

AAA

AAANashville, TN Tennessee Gas prices are holding steady right now, but face upward pressure, due to recent strength in the oil market and rising wholesale gasoline prices. The average price for gasoline in Tennessee is $2.01 per gallon, but should rise another 3-5 cents this week. 

Tennessee motorists are paying 1-cent more than a week ago. However, the average price is still 7 cents less than last month, and 35 cents less than this time last year. Despite the anticipated uptick, the state average remains 72 cents per gallon less than last year’s high, and 68 cents per gallon less than what Tennessee motorists paid in October. 

Gas Prices at the Pump Rise on Renewed Oil Strength. (AAA)

Gas Prices at the Pump Rise on Renewed Oil Strength. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 

AAA says that Tennessee Gas Prices have Risen 3 Cents

 

AAA

AAANashville, TN – Gas prices are back on the rise, now that the oil market is regaining strength. Tennessee Gas prices increased 3 cents in the past four days. Sunday’s state average of $1.998 was just fractions of a cent from returning above $2.00 per gallon, for the first time since January 1st. Click here to view today’s average price. 

Pump prices in Tennessee are now rising for the first time in more than 12 weeks.

AAA reports Gas Prices at the Pump Rise after 90-Day Drop. (AAA)

AAA reports Gas Prices at the Pump Rise after 90-Day Drop. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 

AAA says Gasoline Demand Hits Lowest Level in Nearly Two Years Pushing Pump Prices Even Cheaper

 

AAA

AAATampa, FL – The latest Energy Information Administration (EIA) data registers gasoline demand at 8.6 million b/d for the week ending December 28th – the lowest level on record since February 2017.

Despite record motor vehicle travel for the holiday, demand was down nearly 900,000 bbl, suggesting that demand this winter could be lower than expected.

Prices at the Gas Pump continue to drop. (AAA)

Prices at the Gas Pump continue to drop. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 


AAA reports Tennessee Gas Prices Sink to 25-Month Lows

 

AAA

AAANashville, TN Prices at the pump are off to their lowest start to the month of January since 2016. Tennessee Gas prices dropped another 3.5 cents last week. The state average has now declined a total of 71 cents since October. 

Tennessee motorists are now paying an average price of $1.98 per gallon – the lowest daily average since December 2016. Compared to last Memorial Day, when the state average peaked at around $2.73 per gallon, Tennessee motorists are now saving more than $11.00 on a full 15-gallon tank of gasoline. 

As vacationers hit the road, they will find a quarter (25 percent) of all gas stations across the country are selling gas for more than $3.00/gallon. (AAA)

As vacationers hit the road, they will find a quarter (25 percent) of all gas stations across the country are selling gas for more than $3.00/gallon. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 

AAA says 2019 Rings in Cheapest New Year Gas Prices Since 2016

 

AAA

AAATampa, FL – The New Year has ushered in the cheapest national gas price average in three years. To boot, at $2.25 today’s national average is even one cent cheaper than on January 1st, 2019 and trends indicate that pump prices will likely remain cheap for at least the first half of the month.

Today, 29 state gas price averages are at or below the national average of $2.25 with Missouri touting the cheapest at $1.83. Hawaii ($3.34) carries the most expensive average.

AAA expects prices to remain the same despite OPEC production cuts. (AAA)

AAA expects prices to remain the same despite OPEC production cuts. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 

AAA reports 63% of Tennessee Gas Stations have Fuel Below $2.00 a Gallon

 

AAA

AAANashville, TN The plunge at the pump continues this week, and now gas prices are poised to have their lowest start to the New Year since January 1st, 2016.

Americans are finding gas prices below $2.00 a gallon at 31% of filling stations in the United States. Since mid-October, the national average has plummeted a total of 61 cents. Thursday’s average price of $2.29 per gallon is the lowest since July 2017.

New Year's Day Gas Prices to Hit 3-Year Low. (AAA)

New Year’s Day Gas Prices to Hit 3-Year Low. (AAA)

«Read the rest of this article»

Sections: News | No Comments
 

AAA reports Prices Fall Below $2.00 Per Gallon in Nine States

 

AAA

AAATampa, FL – Nearly 20 percent of states are currently enjoying prices below $2.00 per gallon. Nationally, retail averages have dropped ­­­83 of the past 90 days. The national average for regular unleaded gasoline currently sits at $2.30 per gallon, which is six cents less than one week ago, 24 cents less than one month ago and 16 cents less than at the same time last year.

Heading into 2019, gasoline demand is expected to dwindle during the month of January, an expected change following the busy holiday travel season.

2015-2018 National Gas Price Comparison - December 27th «Read the rest of this article»

Sections: News | No Comments
 



  • Visit Us On FacebookVisit Us On TwitterVisit Us On GooglePlusVisit Us On PinterestVisit Us On YoutubeCheck Our FeedVisit Us On Instagram
  • Personal Controls

    Archives