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AAA reports Increased U.S. Oil Production Pushes Pump Prices Lower

 

AAATampa, FL – The national average price of gas continues to decline as U.S. oil production increases. Today’s average price of $2.31 per gallon represents a decrease of three cents per gallon on the week, four cents per gallon on the month, and prices have moved lower for 14 of the past 15 days.

Despite this recent trend lower, retail averages are up by 46 cents per gallon as compared to one year ago.

National Average Gas Price Comparison, 2015-2017-January «Read the rest of this article»

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AAA reports Pump Prices have Dropped for Eight Consecutive Days

 

AAATampa, FL – Gas prices have fallen for eight consecutive days, reaching today’s national average price of $2.34 per gallon. The price of retail gasoline has retreated since last week with today’s average three cents less per gallon than one week ago, but ten cents more than one month ago and 43 cents more per gallon year-over-year.

The slight decrease in retail prices can be attributed to less demand and adequate supply, but this downward dip may only be temporary as the market awaits OPEC’s December monthly output report which is due out later this week.

National Average Gas Price Comparison, 2015-2017 - January 2017 «Read the rest of this article»

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AAA reports Drivers Paying Highest New Year’s Gas Prices Since 2014

 

AAATampa, FL – The New Year began with increased gas prices reaching today’s average of $2.34 per gallon. The national average has moved higher for 34 of the past 35 days, largely due to market reactions to last fall’s OPEC deal. Pump prices increased by five cents on the week, by 18 cents per gallon on the month, and are up by 34 cents on the year.

Moving into 2017, retail prices will continue to hinge on the ability of cartel countries to successfully implement production cuts, but retail averages are likely to increase leading up to the summer driving season as seasonal refinery maintenance gets underway this spring.

National Average Gas Price has gone up for the last 35 days due to OPEC Deal.

National Average Gas Price has gone up for the last 35 days due to OPEC Deal.

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AAA says Drivers will Welcome a New Year and Higher Gas Prices

 

AAATampa, FL – Retail averages have increased 28 of the past 30 days and prices have moved higher by fractions of a penny since Friday. The national average for regular unleaded gasoline currently sits at $2.29 per gallon, which is five cents more than one week ago, 16 cents more than one month ago and 29 cents more year-over-year.

Heading into 2017, gasoline demand is expected to drop drastically during the month of January following the busy holiday travel season.

2013-2016 National Average Gas Price Comparison «Read the rest of this article»

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AAA says Gas Prices Continue to drop during Thanksgiving Holiday

 

AAATampa, FL – AAA projects that 43.5 million Americans are expected to take a road trip this Thanksgiving and drivers will pay the second-cheapest Thanksgiving gas prices since 2008, when the national average was $1.85.

Today’s national average price of $2.14 per gallon represents a savings of three cents per gallon versus one week ago and nine cents per gallon on the month.

National Average Gas Price Comparison, 2013-2016 «Read the rest of this article»

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AAA reports National Average Gas Price Drops for 10 Consecutive Days

 

AAATampa, FL – Pump prices have fallen for 10 consecutive days, reaching today’s national average price of $2.17 per gallon. Drivers are benefiting from the price of retail gasoline with today’s average five cents less per gallon than one week ago and eight cents less than one month ago.

The abundance of crude oil in the global market is contributing to lower prices, and as a result, retail averages are the same price as compared to one year ago.

National Average Gas Price Comparison, 2013-2016 «Read the rest of this article»

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National Gas Average Shows Steady Decline on the Week according to AAA

 

AAATampa, FL – The average price at the pump has fallen for 15 of the last 16 days, for a total savings of 4 cents per gallon. The national average currently sits at $2.22 per gallon, which is two cents less than one week ago, one cent more than one month ago and 1 cent more year-over-year.

The National average is down 17 cents per gallon versus the 2016 peak price reached in June ($2.39).

National Average Gas Price Comparison: 2013-2016 «Read the rest of this article»

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AAA reports Slight Increase in Gas Prices as Seasonal Decline is Stalled

 

AAATampa, FL – Pump prices have climbed higher as compared to the previous week, even though many states have switched over to winter blend gasoline and there remain abundant crude oil supplies.

The national average price for regular unleaded gasoline moved higher each of the past seven days reaching today’s average of $2.22 per gallon. Today’s average price is two cents more than one week ago and 1 cent more than one month ago.

National Average Gas Price Comparison 2013-2016 «Read the rest of this article»

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AAA says Gas Prices Drop to Close Out Labor Day Weekend

 

AAATampa, FL – The national average price for regular unleaded gasoline has dropped six consecutive days after rising for 16 straight days to close out August. Today’s national average is $2.20 per gallon. Gas prices started turning lower heading into the Labor Day weekend, which marks the unofficial end to the summer driving season.

Today’s national average is two cents less than a week ago and 18 cents less than a year ago but 8 cents more than one month ago. The year-on-year discount persists but has closed more than 30 cents in just 20 days.

National Average Gas Price Comparison 2013-2016 «Read the rest of this article»

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AAA reports Average Gas Prices Holding Steady to Begin August

 

AAATampa Bay, FL – The national average price of gas has held relatively steady over the past week and has declined on just one of the past four days.

The national average price for regular unleaded gasoline is $2.12 per gallon, which is the lowest price for this date since 2004 and 26 cents below 2016’s peak price to date of $2.40 on June 11th.

Today’s price is one cent less than one week ago, 12 cents less than one month ago and 48 cents less than the same date last year.

National Average Gas Price Comparison 2013-2016 «Read the rest of this article»

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