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AAA says Winter Weather Continues to Knock Down Gas Demand

 

AAA

AAATampa, FL – AAA reports that frigid winter weather has played a critical role in keeping pump prices low this winter due to relatively low demand for gasoline.

For two weeks, demand numbers have been decreasing. The latest Energy Information Administration data reveals that gas demand fell by approximately 425,000 b/d from the previous week to 8.6 million b/d.

Gas Prices at the pump remain low. (AAA)

Gas Prices at the pump remain low. (AAA)

This latest rate is down by more than 400,000 b/d when compared to last year at this time.

The drop in demand helped total gas stocks across the country inch up by 400,000 bbl to 258.3 million bbl and kept gas prices in check, with the national average for unleaded regular gasoline remaining the same price today, at $2.28, as last Thursday.

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, insurance, financial services and travel offerings to over 9.6 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 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android.

Learn more at www.AAA.com/mobile

Visit AAA on the Internet at www.AAA.com


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