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Marsha Blackburn Report: This Week From Washington – April 1st, 2019

 

Senator Marsha Blackburn

Tennessee

U.S. SenateWashington, D.C. – Tennessee Tuesday is always my favorite day of the week.

Senator Lamar Alexander and I welcomed another great group of Tennesseans to our nation’s capital for coffee, conversation, and pictures this week.

If you plan to be in the Washington, D.C. area on a Tuesday when the Senate is in session, we would love if you join us for this Tennessee tradition. Constituents attending will have the opportunity to meet and have their picture taken with their senators while enjoying a coffee and pastries. 

Tennessee Tuesday

Tennessee Tuesday

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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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U.S. State Department diplomat to visit APSU February 5th-6th

 

Austin Peay State University (APSU) 

Austin Peay State University - APSUClarksville, TN – This February, Austin Peay State University (APSU) students will get the rare opportunity to meet a top-level U.S. diplomat when M. André Goodfriend, director of the U.S. State Department’s Office of eDiplomacy, visits campus for a series of talks.

The Office of eDiplomacy, founded in 2003, seeks to “innovative diplomacy powered by knowledge leadership, superior customer support and collaborative technology.”

U.S. diplomat M. André Goodfriend to visit APSU Campus.

U.S. diplomat M. André Goodfriend to visit APSU Campus.

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Sections: Education | 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)

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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)

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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»

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AAA reports December has Cheapest National Gas Price Average in Two Years

 

AAA 

AAATampa, FL – At $2.37, the national gas price average continues to drive toward the cheapest pump prices seen during the month of December since 2016, which is welcome news for the millions of Americans expected to begin holiday travel later this week.

“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.”

In Tennessee, Gas Prices at the pump have fallen 0.5 cents in the past week. (AAA)

In Tennessee, Gas Prices at the pump have fallen 0.5 cents in the past week. (AAA)

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AAA reports Tennessee Gas Prices drop to 2-Year Holiday Lows

 

AAA

AAANashville, TNTennessee Gas Prices dropped another 5 cents last week, and could move even lower this week, because of additional declines in the price of oil. 

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. 

Oil Prices Decline

Oil Prices Decline

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AAA reports OPEC passes Crude Oil Production Cut, Gas Prices Continue to Drop

 

Clarksville-Montgomery County has 3rd Most Expensive Gas Prices in Tennessee

AAANashville, TN Tennessee Gas prices continue falling like autumn leaves according to  AAA. The state average has declined the past 59 consecutive days for a total of 52 cents. 

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. 

Oil prices hit highest close of the year

Oil prices hit highest close of the year

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AAA says Growing Global Crude Supply Outpaces Demand, Driving December Pump Prices to Cheapest of the Year

 

AAA

AAAWashington, D.C. – At $2.44 the national gas price average has set a new record low for 2018. This is nearly a nickel less than this time last December. AAA expects the national gas price average to fluctuate through the end of the month and possibly end the year as cheap as $2.40.

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.

Gas prices holding steady according to AAA. (AAA)

Gas prices holding steady according to AAA. (AAA)

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