Clarksville, TN Online: News, Opinion, Arts & Entertainment.


AAA says this Labor Day Gas Prices will be Lowest in a Decade

 

AAATampa, FL Motorists in the southeastern United States should find the lowest Labor Day gas prices in a decade.  The current state average prices of $2.31 in Florida and Georgia, and $2.17 in Tennessee are $1.06, $1.02, and $1.04 cheaper than the price during last year’s holiday respectively.

“Low gas prices are added incentive for Americans to take a road trip this Labor Day weekend,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Low gasoline prices are an added boost in disposable income, giving travelers more money to spend on lodging, shopping, and dining out.”

2015 Labor Day Gas Prices - Tennessee

Last week, the price of oil dropped below $40.00 a barrel, the lowest settlement price since February 2009. During that time, the national average price of gasoline averaged $1.90. However, oil rallied toward the end of the week, settling at $45.22 on Friday. 

“The price of oil steadily climbed toward the end of the week due to a strengthened U.S. economy. However, analysts expect the oil glut to continue through the rest of the year, preventing any major spikes in oil or gas prices. Motorists will likely continue seeing gas prices move toward $2.00 or below through the rest of the year,” Jenkins said.

The current national average price of gasoline is $2.48 – 12 cents lower than a week ago, 19 cents lower than a month ago, 95 cents lower than this time last year. The current Florida average price of $2.31 is 7 cents cheaper than last week, 23 cents cheaper than a month ago and $1.06 from a month ago. The current Georgia average of $2.31 is 8 cents lower than last week, 21 cents lower than last month, and $1.03 lower than this time last year.

The current average price of $2.17 is 9 cents lower than last week, 20 cents lower than a month ago, and $1.05 lower than this time last year. 

Current and Past Price Averages

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago Year Ago
National $2.479 $2.490 $2.603 $2.674 $3.434
Florida $2.307 $2.312 $2.377 $2.540 $3.372
Georgia $2.306 $2.316 $2.392 $2.521 $3.335
Tennessee $2.167 $2.176 $2.256 $2.388 $3.215
Click here to view current gasoline price averages

 

AAA updates fuel price averages daily at http://www.fuelgaugereport.aaa.com/. Every day up to 120,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability.

All average retail prices in this report are for a gallon of regular, unleaded gasoline.

About The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America.  ACG and its affiliates provide membership, travel, insurance and financial services offerings to approximately 9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana.

ACG belongs to the national AAA federation with more than 55 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety.

 


Sections

News

Topics

, , , , , , , , , , , , , , , , , , , ,

Comments

You must be logged in to post a comment.


  • Visit Us On FacebookVisit Us On TwitterVisit Us On PinterestVisit Us On YoutubeCheck Our FeedVisit Us On Instagram
  • Personal Controls

    Archives