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Topic: Oil Prices

AAA reports Unplanned Refinery Maintenance Boosts Pump Prices While Gas Stocks Continue to Shrink

 

AAA

AAATampa, FL – Refinery maintenance season has hit some unexpected bumps in the road, leading to higher pump prices as the nation settles into spring.

According to new data released from the Energy Information Administration (EIA), total domestic refinery utilization – a measure of how much crude and other feedstocks refineries use to make various products, including gasoline – fell to 86.4 percent last week.

Gas prices have risen slightly reports AAA. (AAA)

Gas prices have risen slightly reports AAA. (AAA)

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AAA reports National Gasoline Average Jumps a Nickel on the Week

 

AAA 

AAATampa, FL – At $2.74, the national gas price average increased a nickel on the week and is eight cents more than last year at this time. And compared to one month ago, gas prices are 28 cents more expensive.

As demand holds steady and inventories continue to tighten, motorists continue to see gas prices increase in every region.

2015-2019 National Gas Price Comparison - April 8th «Read the rest of this article»

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AAA says Motorists Already Considering Adding at least One Summer Road Trip If Gas Prices Remain Low

 

AAA 

AAAWashington, D.C. – Spring fever may be in the air, but American motorists already have summer road trips top of mind.

AAA’s latest Gas Price survey found that if gas prices remain low, 1 in 3 Americans (33 percent) would likely plan another summer road trip while 27 percent would increase the distance of one – with Generation X more likely to do both than Baby Boomers.

AAA Forecasts Spring National Gas Price Average to Reach $2.75. (AAA)

AAA Forecasts Spring National Gas Price Average to Reach $2.75. (AAA)

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AAA reports National Gas Price Average Jumps Eight Cents on the Week

 

AAA

AAATampa, FL – With an eight-cent jump on the week, at $2.62, the national average continues to trend more expensive since mid-February. While today’s national average is nearly a quarter more expensive than last month, it is only two cents more expensive than last year at this time.

“Thanks to increasing demand and tightening gasoline stocks across the country, March gas prices came in like a lion and will not go out like a lamb,” said Jeanette Casselano, AAA spokesperson.

2015-2019 National Gas Price Comparison - March 25th «Read the rest of this article»

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AAA says National Gas Price rises Seven Cents

 

AAA 

AAATampa, FL – AAA says that at $2.54, the national gas price average is 7 cents more expensive on the week and 23-cents more than last month. However, today’s price is just as expensive as the same day a year ago.

In fact, for the first time since the end of November last year, the national gas price average the past four days was identical or a penny more expensive year-over-year.

2015-2019 National Gas Price Comparison - March 19th «Read the rest of this article»

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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.

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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)

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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»

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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)

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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)

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