Washington, D.C. – National pump prices have fallen for 43 of the past 44 days, dropping 22 cents during this span. The national average price for regular unleaded gasoline sits at $2.21 per gallon, which is the lowest mark since April and the lowest price for this date since 2004.
Today’s price is five cents less than one week ago, 15 cents less than one month ago, and 56 cents less than the same date last year.
With abundant fuel supplies across the nation and declining crude oil costs, gas prices dropped in 47 states over the past week, led by double digit drops in several Midwestern states.
Tampa, FL – The national average price of gas reached a new 2016 high over the weekend, and today’s average of $2.38 per gallon is the most expensive average since September 2015.
Gas prices have moved higher by two cents per gallon on the week and 16 cents per gallon on the month.
Although pump prices have increased for 28 of the past 33 days, consumers continue to benefit from yearly savings and prices are down 42 cents per gallon compared to a year ago.
Tampa, FL – Prices at the pump should get more expensive this week thanks to an increase in oil prices and high demand for gasoline. Crude oil prices rose for the third consecutive week, making the cost to produce gasoline more expensive.
Gas prices nationwide have increased for 20 of the last 23 days, rising 16 cents to Sunday’s average of $2.20.
Tampa, FL – After declining the first few days of last week, prices at the pump rose in line with the price of oil. The national average price of gasoline is $2.13 – 2 cents more than a week ago, but pump prices remain 38 cents less than a year ago, and $1.56 less than this time two years ago.
“The price of oil rose $4.00 last week, which could lead to a total increase of nearly 10 cents at the pump in the near future,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.
Oil market will keep gas prices volatile
Tampa, FL – Nationally, motorists are paying $2.11 per gallon, up 7 cents from last week, and the highest price at the pump since November 2015. The national average has remained above $2.00 a gallon for 25 consecutive days and could rise another 10-15 cents by Memorial Day.
“Many drivers saw gas prices jump up this week,” said Josh Carrasco, spokesman, AAA – The Auto Club Group. “Oil averaged $4.00 higher than last week, which put upward pressure on gasoline prices. Even though prices are up nearly 15 cents from a month ago, motorists are still enjoying a 30 cent savings year over year.”
Tampa FL – The low price of oil has given way to declines in prices at the pump. The average price of gasoline fell for the tenth consecutive day Sunday, in Florida, Georgia, and Tennessee. State averages are 2-3 cents lower than a week ago.
“Motorists filling their gas tanks got a brief reprieve from rising prices, thanks to a dip in oil prices early last week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “But oil finished the week $4.00 higher than it started, which could cause pump prices to climb again in the near future.”
Nashville, TN – The Tennessee Republican Party released the following statement from Chairman Ryan Haynes regarding tonight’s election results in Wisconsin:
“Why is it Hillary Clinton cannot put away a self-avowed Socialist? Why is it she keeps getting out-raised by a Socialist? Why is it national polls continue showing her inability to put away someone who is fundamentally opposed to the American way?”
Fuel Savings Approach $10 Billion in the First Quarter of 2016 Compared to the Same Period Last Year
Tampa, FL – Americans paid the cheapest quarterly gas prices in twelve years during the first three months of 2016. Motorists have saved nearly $10 billion on gas so far this year compared to the same period in 2015.
The national average price of gas during the first quarter was $1.86 per gallon, making it the cheapest quarter for gasoline since January-March 2004. Gas prices are expected to remain relatively low compared to recent years, though average prices could rise another 25 cents per gallon by Memorial Day.
Knoxville, TN – More than 102,000 traffic crashes have been caused by distracted drivers in Tennessee in just the past five years, AAA reports. In recognition of Distracted Driving Awareness Month, AAA warns drivers to put it down, don’t text and drive and avoid any activities that divert attention from the primary driving task.
Any distractions could endanger a driver, passengers, or others sharing the road including bicyclists or pedestrians.
Tampa, FL – The national average climbed above the $2.00 benchmark last week for the first time in 83 days. Sunday’s average price of $2.04 per gallon represents an increase of 6 cents compared to a week ago. The national average has increased for 20 days in a row for a total of 23 cents.
Drivers are paying six cents per gallon more than a week ago and while yearly savings persist, they are beginning to dwindle. Sunday’s price represents a savings of 39 cents per gallon year-over-year, and $1.50 compared to two years ago.
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