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Topic: Gas Prices

AAA says Drivers should expect to pay more at the Gas Pump this Spring

 

AAANashville, TN The national average price for regular unleaded gasoline hit their highest price point of 2018 on Saturday at $2.663 per gallon. Today’s average is a half cent more than last week, 13 cents more than a month ago, and 28 cents more than last year.

Gas prices have edged higher this week following the Energy Information Administration’s (EIA) latest weekly report that showed gasoline stocks dropped by 1.1 million barrels last week.

Nationally gas prices are the highest of the year.

Nationally gas prices are the highest of the year.

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AAA reports Tennessee Gas Prices are Highest of the Year

 

Clarksville-Montgomery County has the Third Highest Gas Prices in Tennessee

AAANashville, TN Spring has sprung, and with that comes higher gas prices. Tennessee motorists are now finding the most expensive gas prices of the year. 

Tennessee gas prices increased a little more than a nickel during the past week, then held steady through the weekend. On average, prices at the pump climbed 16 cents in the last three weeks. 

Gas Prices at the Pump Stall after Rising 5 Cents.

Gas Prices at the Pump Stall after Rising 5 Cents.

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Tennessee Gas Prices are Highest of the Year according to AAA

 

AAANashville, TN Tennessee motorists will soon find some of the most expensive gas prices in five months. Tennessee’s state average of $2.41 is tied with this year’s high – set in February – and the highest price since October. 

“Gasoline demand has been very strong the past few weeks, as Americans travel for spring break,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.

Crude oil prices are the highest they've been since January 26th.

Crude oil prices are the highest they’ve been since January 26th.

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AAA reports Gasoline Demand Sets New Record for March as Motorists Pay 25-cents more at Pump compared to last March

 

AAATampa, FL – Consumer gasoline demand is at the highest level on record for March. According to the Energy Information Administration’s (EIA) latest report, demand measured at 9.6 million b/d – levels typical of summer months, not the first quarter of a year.

U.S. exports continue to trend high, accounting for a large chunk of this week’s demand data.

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

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AAA says Gas Prices Rise 4 Cents as Supplies Dip

 

Clarksville-Montgomery County has the third cheapest Gas Prices in Tennessee

AAANashville, TN – Gas prices are on the rise once again, after declining for nearly two weeks. Tennessee gas prices declined early last week, then rose a total of 4 cents. Sunday’s state average of $2.34 is the same as a month ago, yet remains 30 cents more than this time last year.

“There are a few of factors that gave gas prices a boost, but this time it wasn’t crude oil,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.

The average price at the pump went up 4 cents last week.

The average price at the pump went up 4 cents last week.

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AAA reports Tennessee Gas Prices Decline 1.5 Cents

 

AAANashville, TN Motorists visiting the gas pump today will find prices that are cheaper than a week ago. Tennessee gas prices declined 1.5 cents last week. The state average of $2.31 is 8 cents less than a month ago, but 26 cents more than this time last year.

“Gasoline should slide a few cents more this week, based on last week’s decline in wholesale prices,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.  “Pump prices are sliding right now because crude and gasoline output have remained strong. However, gas prices are still forecast to rise 20 cents in the coming months, as demand climbs and refineries switch to summer blend gasoline.”

Gas Prices Are Lower Than A Week Ago. (AAA)

Gas Prices Are Lower Than A Week Ago. (AAA)

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AAA reports Tennessee Gas Prices Continue Declining

 

Gas Prices Point Lower, For Now

AAATampa, FL Gas prices moved higher last week, as was forecast by AAA. However, prices at the pump are beginning to trend lower yet again. 

Tennessee gas prices increased 2 cents last week, before declining a penny during the weekend. The state average of $2.32 is 11 cents less than a month ago, yet motorists are paying 25 cents per gallon more than this time last year.  

Gas Prices are Most Expensive for the Month of March in Four Years.

Gas Prices are Most Expensive for the Month of March in Four Years.

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AAA says Costly Spring Gas Price Spike Coming to a Pump Near You

 

AAAWashington, D.C. – For the first quarter of the year, gas prices have been expensive. On average, motorists are paying a quarter more than at the same time last year.

While pump prices have dipped in recent weeks, this is not a trend consumers should expect to linger. AAA forecasts the national gas price average will be as much as $2.70/gallon this spring – a costly pump price Americans have not paid since summer of 2015 when prices hit $2.81.

Gas prices expected to rise over the coming weeks. (AAA)

Gas prices expected to rise over the coming weeks. (AAA)

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AAA says Tennessee Gas Prices Drop, Higher Prices are Coming

 

Energy prices increase as refineries conduct maintenance

AAANashville, TN Tennessee Gas Prices steadily declined during the past couple of weeks, but that downward trend is likely coming to an end. Refineries are entering their seasonal maintenance period, which can place significant upward pressure on prices at the pump.

Historically, maintenance season has caused gas prices to jump 15-75 cents from February to June. Last year, pump prices only rose 15 cents during that time, because oil prices struggled to maintain strength. When gasoline jumped 60-70 cents in 2015 and ’16, oil had risen $15.00-$20.00 per barrel.

Historical Gas Price Hikes -- February-June «Read the rest of this article»

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AAA reports Gas Price Averages Trending Cheaper on the Week Nationwide

 

AAATampa, FL – The national gas price average has been steadily decreasing for nearly two weeks dropping from the year-to-date high of $2.61 (on February 5th) to today’s national average of $2.53.

Motorists in nearly every state are paying less on the week with Midwest and Southern states seeing the largest price drops at the pump. Hawaii (+2 cents) and Indiana (+1 cent) were the only states to see increases.

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

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