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AAA reports Gas Demand Rises, Prices at Pump Climb

 

AAATampa, FL – Americans are filling up at the pump more and more. Since mid-May, gasoline demand has increased 18% to 7.9 million b/d, according to the latest Energy Information Administration (EIA) report.

The slow, but steady rise in demand has pushed the national pump price more expensive by 13% in the same time frame. Today’s national average is $2.10. That is seven cents more on the week, 24 cents more on the month, but 59 cents cheaper on the year.

Prices at the Gas Pump continue to climb with increased demand. (AAA)

Prices at the Gas Pump continue to climb with increased demand. (AAA)

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AAA reports National Average rises back to $2.00 Per Gallon

 

AAATampa, FL – For 66 days, the national gas price average held below the $2.00/gallon mark, pushing as cheap as $1.76. In the past week, the average has inched up to $2.03. Despite the consistent increases at the pump, prices are still significantly cheaper year-over-year.

In fact, during the first week of June the past five years, gas prices have typically averaged $2.81.

The National Gas Price average hit $2.03 this week. (AAA)

The National Gas Price average hit $2.03 this week. (AAA)

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National Gas Price Average rises close to $2.00 a Gallon

 

AAATampa, FL – The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase.

However, demand is still down nearly 25% compared to last year, according to the Energy Information Administration’s (EIA) latest reports.

National gas price average has increased to $1.97. (AAA)

National gas price average has increased to $1.97. (AAA)

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AAA reports only 12 States have Gas Price Average of $2.00/Gallon or More

 

AAATampa, FL – As gas prices continue to push cheaper across the country, only one dozen states carry an average of $2.00/gallon or more. The national average is $1.77, which is four cents less than last week, 28 cents cheaper than last month and $1.11 less than a year ago.

Crude oil prices were extremely volatile last week, pushing negative for the first time ever, but they did make significant gains to end the week in the positive.

Most states have Gas Price Average below $2.00/Gallon. (AAA)

Most states have Gas Price Average below $2.00/Gallon. (AAA)

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AAA says Gas Demand Plummets pushing Pump Prices Lower

 

AAATampa, FL – AAA says that the national gas price average has steadily declined for seven weeks, pushing the average cheaper by 61-cents to $1.86 today. During this time frame (since late February), United States demand for gasoline has decreased 44% to 5 million b/d as gasoline inventories build across the country.

“We are seeing fast and furious gasoline demand destruction. The latest data reveals demand levels not seen since spring of 1968,” said Jeanette Casselano, AAA spokesperson. “Every U.S. region is seeing builds in gasoline inventories and crude storage, which is just driving pump prices even cheaper.”

No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)

No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)

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Coronavirus Shows the World Health Organization in Dire Need of Reform

 

The White HouseWashington, D.C. – “Purposely or not, by praising China’s response to a virus the WHO first denied and then lied about, this longtime paragon of public health is fueling a ‘China versus the world’ showdown,” Adam Goodman writes in Fox News.

By enabling the Chinese government’s misconduct, “the WHO has become the new poster child for international organizations so bloated with bureaucracy and punctuated by politics they’ve turned into something well beyond what they were intended to be.”

The White House - West Wing. (Official White House Photo) «Read the rest of this article»

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National Gas Price Average drops as United States Gas demand Plummets

 

AAATampa, FL – Today’s national gas price average is $1.92. That is nine cents cheaper than last Monday, 48 cents less than a month ago and 81 cents less expensive than a year ago.

On the week, pump prices continued to push less expensive with gasoline demand registering at its lowest point since 1993.

National Gas Price Comparison -- 2017-2020 - 04-06 «Read the rest of this article»

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Dodging the Roadkill: Weathering the Winter

 

Dodging the Roadkill - A Biker's JourneyClarksville, TN – The winter months have always been my least favorite time of the year.  Obviously when I was a kid, I loved the snow and all that came with it, but as an adult, a biker, and a man who has a few “achy” bones, winter is NOT fun for me.

One of the greatest things about this blog and all of you who follow, is that I get to learn so much about you and the part of the country that you live in.  I’ve never been so blessed by anything in my life as I have with this motorcycle and the people and places it brings me.

Motorcycles covered in Snow.

Motorcycles covered in Snow.

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AAA reports Pump Prices, Crude Oil Continue to Decline

 

AAATampa, FL – The national gas price average is $2.47, which is four cents cheaper than last week and 11 cents cheaper than the beginning of the year. Motorists are paying less to fill up especially as crude oil prices are less expensive.

“Gas prices are pushing cheaper for two reasons. Crude oil prices are $10.00 less a barrel than one month ago and U.S. gasoline stocks sit at an all-time record high,” said Jeanette Casselano, AAA spokesperson.

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

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

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AAA says as Temperatures Drop across the Country, so has Gas Prices

 

AAATampa, FL – The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago.

Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl – a stock level not recorded by the Energy Information Administration (EIA) in nearly a year.

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

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

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