Tampa, FL – Motorists should begin to notice lower gasoline prices in the coming weeks thanks to declining oil prices. Last week, a barrel of oil hit its lowest price since April, at a time when gasoline prices were about 20 cents cheaper.
“The decline at the pump is unlikely to be as dramatic as a 20 cent discount, but a few cents here and there is not out of the question,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Usually gas prices respond more rapidly to rising oil prices than when oil prices fall. Prices at the pump aren’t as quick to fall when oil prices do because retailers first need to sell the gasoline in their tanks, which was purchased when gasoline was more expensive. Regardless, lower oil prices means it costs less to produce gasoline, which is good news for motorists.”
Georgia Gasoline was cheapest in Five years
Tampa, FL – AAA forecast the most auto travelers for the Independence Day holiday on record, and motorists in Florida and Tennessee found the cheapest gas prices for the holiday since 2009, while gasoline in Georgia was the lowest since 2010.
“Low gas prices were a major driver in the rise in auto travelers this year,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “However, Americans have grown cautious about rising gas prices during recent months and worry they would be again be paying $3.00 a gallon soon. Fortunately, gas prices peaked last month and have been on a slow and relatively steady downturn during the past 20 days, which is even more incentive for Americans to take a road trip this summer.”
AAA and Bud Light ask Motorists to Celebrate Independence Day Safely by selecting a Designated Driver
Tow to Go service available July 3rd – 5th
Tampa, FL – Impaired drivers traditionally make Independence Day weekend one of the most dangerous times to be on the road.
According to the National Highway Traffic Safety Administration (NHTSA), 512 people were killed in motor vehicle traffic crashes over the 2013 holiday weekend. 39 percent of those fatalities involved at least one impaired driver.
Tampa, FL – Gas prices are declining as we approach the most traveled Independence Day holiday weekend since 2007. Of the 41.9 million total travelers, 35.5 million Americans will take a road trip; the highest number of auto travelers on record (which dates back to 2000).
“Lower gas prices are added incentive for travelers to pack-up the family vehicle and hit the road this Independence Day,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Motorists have been nervous about rising pump prices during the past five months, but will be delighted to see that prices are on the way back down. Gas prices are likely to continue falling through the holiday weekend, and travelers will find the cheapest gas prices in at least five years.”
Approximately 844,000 Tennesseans will travel; 90 percent will drive
Tampa, FL – AAA projects 41.9 million Americans will journey 50 miles or more from home this Independence Day, the most since 2007 and a 0.7 percent increase from the 41.6 million people who traveled last year. The Independence Day holiday travel period is defined as Wednesday, July 1st to Sunday, July 5th.
“The freedom of summer means families can take extended vacations and, historically, that makes Independence Day the busiest summer travel holiday,” said Joy Dixon, Tennessee Director of Travel, AAA – The Auto Club Group. “This is the largest number of Independence Day travelers since the great recession and it is encouraging news for the recovering economy and the travel industry.”
Tampa, FL – The national average price for regular unleaded gasoline slipped 1-cent since last week’s AAA Gas Price Brief and is currently $2.79 a gallon. Today’s average remains significantly lower than on this same date last year (-89 cents).
The national average declined by fractions of a cent for six consecutive days. Meanwhile prices in Florida, Georgia, and Tennessee have declined three, six, and four consecutive days respectively.
AAA offers up to $500.00 in travel savings
Tampa, FL – This summer is an ideal time to travel to Europe as the U.S. dollar is nearly equal in value to the euro, helping travelers stretch their vacation budgets further. In addition to warm-weather destinations across the U.S. and Caribbean, European cities including Rome, Dublin and Paris are among AAA’s top vacation destinations this summer.
According to the U.S. Office of Travel & Tourism Industries, the number of Americans traveling to Europe so far in 2015 has increased 2.4 percent over last year.
AAA offers Travel Saving Tips
Tampa, FL – Planning the perfect trip could take days, weeks or even months, but a recent AAA study shows that nearly two-thirds (64%) of travelers are booking 7 months to 2 years in advance.
“The fact that travelers are booking so far in advance tells us that travelers are taking more expensive trips, and they want enough time to adequately plan them,” said Vicky Evans, Director of Field Travel Support, AAA – The Auto Club Group. “Despite improvements in the economy and low gas prices, saving money remains a top priority for many families. Travelers can get much more for their money by booking in advance. In fact, anyone who books their travel plans with AAA by June 20 can receive up to $500.00 in savings or on-board credit for a cruise or tour.”
Tampa, FL – Gas prices are still creeping up in some parts of the southeastern United States, but motorists are forecast to pay the lowest summer gas prices since 2009. In comparison to this same date last year, motorists in Florida, Georgia and Tennessee are saving 87 cents, 88 cents, 92 cents per gallon respectively.
“Prices should begin to drop later this month as refiners around the nation complete their maintenance switchover to produce summer-fuel grades,” said Mark Jenkins, spokesman, The Auto Club Group. “The post-switchover drop in June over the past five years has averaged 12 cents per gallon.”
Motorists could find the cheapest summer gas prices in ten years
Tampa, FL – Gas prices could finally be reaching their peak as the rate of increase at the pump is beginning to stall. Since last Sunday, the average price for gasoline rose 5 cents in Georgia and 1-cent in Tennessee, but declined 1-cent in Florida.
“Gas prices usually peak by May, but have been rising on the back of crude oil prices and increasing demand,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The price of crude oil has found a new normal around $60.00 a barrel, and it’s likely that gas prices will decline in June. This would be the first time that gas prices peaked after the month of May since 2010.”
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