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Recent Articles
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Topic: OPEC
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. «Read the rest of this article» Sections: News | No Comments
AAA reports National Gas Price Average Inches Up for First Time in Three MonthsAAA
“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.
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AAA reports Tennessee Gas Prices rise One CentAAA
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. «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 CheaperAAA
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. «Read the rest of this article» Sections: News | No Comments
AAA says 2019 Rings in Cheapest New Year Gas Prices Since 2016AAA
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. «Read the rest of this article» Sections: News | No Comments
AAA reports Prices Fall Below $2.00 Per Gallon in Nine StatesAAA
Heading into 2019, gasoline demand is expected to dwindle during the month of January, an expected change following the busy holiday travel season.
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AAA reports December has Cheapest National Gas Price Average in Two YearsAAA
“AAA expects 102 million Americans to drive to their holiday destination this year, which is a four percent increase year-over-year,” said Jeanette Casselano, AAA spokesperson. “No doubt cheaper gas prices are fueling their decision to hit the road.” «Read the rest of this article» Sections: News | No Comments
AAA reports Tennessee Gas Prices drop to 2-Year Holiday LowsAAA
Sunday’s state average price of $2.12 per gallon is nearly 30 cents less than a month ago, and about 10 cents less than this time last year. It’s possible, the state average could reach $2.00 per gallon before the end of the year, unless oil prices rise. «Read the rest of this article» Sections: News | No Comments
AAA reports OPEC passes Crude Oil Production Cut, Gas Prices Continue to DropClarksville-Montgomery County has 3rd Most Expensive Gas Prices in Tennessee
Sunday’s state average of $2.17 per gallon is 7 cents less than last week, 34 cents less than last month, and 9 cents less than this time last year. «Read the rest of this article» Sections: News | No Comments
AAA says Growing Global Crude Supply Outpaces Demand, Driving December Pump Prices to Cheapest of the YearAAA
Globally, crude supply is growing faster than anticipated. Contributing to the surplus is the United States’ record-breaking production levels – which hit the highest level ever recorded by the Energy Information Administration at 11.7 million b/d last month. «Read the rest of this article» Sections: News | No Comments
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