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AAA reports Gas Demand at All-Time High, Slowing Pump Price Decreases

 

AAATampa, FL – AAA says summer may be ending, but gasoline demand is soaring to new heights. In its latest reading, the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991.

As demand jumped, gasoline stocks fell by 1.4 million bbl and pump prices slowed their decline on the week.

2016-2019 National Gas Price Comparison -August 19th, 2019 «Read the rest of this article»

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AAA reports Domestic Gasoline Stocks Soar, Push Down Gas Prices

 

AAATampa, FL – AAA says the national gas price average, $2.64, represents a seven-cent drop on the week as domestic gasoline stocks built by a surprising 4.4 million bbl, according to the Energy Information Administration’s (EIA) latest data.

Contributing to the build was at least 1.2 million b/d of imports at U.S. ports. With the large bump, stocks now sit 235 million bbl – a U.S. stock level not seen in nearly five months (end of March).

10 Least Expensive Average Gas Prices - August 12th, 2019 «Read the rest of this article»

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AAA says National Gas Price Average Cheaper on the Week, Month and Year

 

AAATampa, FL – AAA reports that the average national gas price dropped by two cents to $2.71 on the week. This is less expensive than a week, a month (-4 cent) and a year (-15 cents) ago. Prices are cheaper as demand saw a small dip on the week, even though overall demand remains robust for the summer.

“While gas prices continue to drop, the rate at which they are decreasing has slowed,” said Jeanette Casselano, AAA spokesperson.

Tennessee is one of the nation’s top 10 least expensive gas markets. (AAA)

Tennessee is one of the nation’s top 10 least expensive gas markets. (AAA)

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AAA reports Gas Prices slide lower for a Another Week

 

AAATampa, FL – Today’s national average is $2.73. While this is two cents more expensive than on the same day last month, it is three cents cheaper than last week and 12-cents less expensive than a year ago.

“Gas prices this month are on average a dime less expensive than in July 2018. These less expensive gas prices have encouraged summer road trips as evidenced by robust demand numbers since May,” said Jeanette Casselano, AAA spokesperson.

Gas prices at the pump continue to fall. (AAA)

Gas prices at the pump continue to fall. (AAA)

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AAA says In-Vehicle Infotainment Systems Especially Distracting to Older Drivers

 

AAAWashington, D.C. – AAA says new in-vehicle infotainment technology needs to stop distracting older drivers. It has the potential to increase their comfort and extend mobility but for now, it’s mainly distracting them.

On average, older drivers (ages 55-75) removed their eyes and attention from the road for more than eight seconds longer than younger drivers (ages 21-36) when performing simple tasks like programming navigation or tuning the radio using in-vehicle infotainment technology, according to new research from the AAA Foundation for Traffic Safety.

New AAA Foundation research suggests focusing on older drivers could hold the key to safer in-vehicle technology for everyone. (AAA)

New AAA Foundation research suggests focusing on older drivers could hold the key to safer in-vehicle technology for everyone. (AAA)

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AAA reports Gas Price Increases at the Pump Slowing Across the Country

 

AAATampa, FL – On the week, AAA says all but eight states saw gas price averages push cheaper or remain stable. At $2.76, the national gas price average is three cents less expensive than last Monday. This is the first time in four weeks that the national average has seen a weekly decline.

“Gasoline stocks remain robust amid a recent dip in demand, which could be one reason we are seeing pump prices starting to roll back,” said Jeanette Casselano, AAA spokesperson.

2016-2019 National Gas Price Comparison - July 22nd, 2019 «Read the rest of this article»

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AAA reports Vehicle Escape Tools can be a Lifesaver, in the Right Situation

 

AAAOrlando, FL – According to new research from AAA , most vehicle escape tools, intended to quickly aid passengers trapped in a car following an accident, will break tempered side windows, but none were able to penetrate laminated glass.

Motorists may not realize it, but an increasing number of new cars – in fact, 1 in 3 2018 vehicle models – have laminated side windows, a nearly unbreakable glass meant to lessen the chance of occupant ejection during a collision.

New research finds vehicle escape tools effective in breaking tempered side windows, but not laminated. (AAA)

New research finds vehicle escape tools effective in breaking tempered side windows, but not laminated. (AAA)

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AAA reports National Gas Price Average rises Eight Cents in Two Weeks

 

AAATampa, FL – The national gas price average is $2.79, which is an eight-cent increase since the beginning of July. Gas prices have increased amid more expensive crude oil prices, robust demand and decreasing gasoline stocks.

Since last Monday, 18 states have seen their gas price averages increase by at least a nickel. Hurricane Barry, which made landfall in Louisiana this past weekend, seems to have had little impact on the national average.

2016-2019 National Gas Price Comparison - July 15th, 2019 «Read the rest of this article»

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AAA says Gas Prices are rising this Summer

 

AAATampa, FL – As summer temperatures rise, so are gas prices according to AAA. State averages have jumped, pushing up the national average nearly a dime to $2.75 in the last 15 days.

In addition to rising gasoline demand, 13 states this month have introduced new gas taxes that have contributed to the national average increase. Those states include California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee, and Vermont.

2016-2019 National Gas Price Comparison - July 8th, 2019 «Read the rest of this article»

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AAA says Going Against Usual Trends, Demand Drives Gas Prices Down Even Lower

 

AAATampa, FL – For the week ending June 14th, 2019, U.S. gasoline demand hit its highest level at 9.93 million b/d. It is the highest level ever recorded since the Energy Information Administration (EIA) began publishing data in 1991.

Counterintuitively, as motorists drive demand to new heights, pump prices pushed even cheaper across the country on the week. This is due to the recent trend in cheaper crude pricing and because crude comprises roughly 60% of the costs people pay at the pump, drivers are seeing summer savings.

Gas Prices continue to fall at the Pump despite rising demand. (AAA)

Gas Prices continue to fall at the Pump despite rising demand. (AAA)

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