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AAA reports Gas Stocks Increase pushes Gas Prices Cheaper

 

AAA Predicts More Than 55 Million Americans will Travel for Thanksgiving

AAANashville, TN – AAA says Tennessee’s state average of $2.31 is four cents less than last week, four cents lower than one month ago, and 10 cents less than this time last year. Tennessee has the 10th lowest state average in the nation.

Today’s national average of $2.59 is two cents cheaper than last week, six cents less than last month and three cents cheaper than this time last year.

Gas prices fall ahead of Thanksgiving travel. (AAA)

Gas prices fall ahead of Thanksgiving travel. (AAA)

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AAA reports Growing Gas Stocks Help to Push National Average Lower

 

AAATampa, FL – AAA says that according to newly released data from the Energy Information Administration, total domestic stocks of gasoline grew by 1.9 million bbl last week, bringing the current stock level to 219.1 million bbl.

This is 7.5 million bbl lower than last year at this time.

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

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

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AAA says Gasoline Demand Looking More Seasonal

 

AAANashville, TN – AAA reports Tennessee Gas Prices are up five cents compared to last week. Today’s state average is $2.35 which is the same as a month ago, but 14 cents less than last year. 

Likewise, the national average is $2.61, which is one cent more than last week, three cents more than one month ago, but eight cents less than this time last year.

According to AAA, U.S. Gasoline Inventories continue to grow. (AAA)

According to AAA, U.S. Gasoline Inventories continue to grow. (AAA)

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AAA reports Growing Gas Demand Lifts National Average

 

AAATampa, FL – AA says in its latest weekly report, the Energy Information Administration data shows that demand for gasoline grew from 9.59 million b/d to 9.78 million b/d last week.

This latest rate is approximately 520,000 b/d higher than last year’s rate at this time. Growing demand, amid tight gasoline supplies, has contributed to a nominal increase in the national average – one cent since Monday.

Gas Prices rise Nationally. (AAA)

Gas Prices rise Nationally. (AAA)

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AAA Says Jump in Gasoline Demand Drives Down Stocks, but National Average Remains Flat on the Week

 

AAATampa, FL – Gasoline demand numbers look more like summer than fall in the Energy Information Administration’s (EIA) latest reports. However, despite the high demand rate and a draw in U.S stocks, the national average held steady on the week at $2.60.

“Gas prices continue to fluctuate across the country, though on the week the majority of states saw prices only increase or decrease by one or two cents,” said Jeanette Casselano, AAA spokesperson.

Gas Prices remain stead dispite rise in Gasoline Demand. (AAA)

Gas Prices remain stead dispite rise in Gasoline Demand. (AAA)

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AAA says Pump Prices continue to Fall for Majority of Motorists

 

AAATampa, FL – AAA reports that the national gas price average dropped by four cents on the week to $2.60, despite a jump in gasoline demand and a draw in gasoline stocks.

That is the largest one-week decrease since gas prices started to increase more than six weeks ago. Today’s average is a nickel cheaper than last month and 21-cents cheaper than last year at this time.

2016-2019 - National Gas Price Comparison - October 28 «Read the rest of this article»

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AAA reports Gas Prices Falling

 

AAANashville, TN – AAA says Tennessee Gas Prices are falling. The average price for gasoline today is $2.30 which is three cents less than a week ago, seven cents less than a month ago and 30 cents less than one year ago. 

The national average sits at $2.60. Compared to last week, the average is four cents less than a week ago, five cents less than one month ago and 21 cents less than a year ago. 

Continued refinery maintenance and higher crude prices may lead to volatility at the pump. (AAA)

Continued refinery maintenance and higher crude prices may lead to volatility at the pump. (AAA)

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AAA reports National Gas Price Average Slowly, but Steadily Declines for Three Weeks

 

AAATampa, FL – AAA says despite an unseasonal spike in demand, according to the Energy Information Admiration’s (EIA) latest data sets, gas prices are decreasing for the majority of motorists across the country as crude oil prices (WTI) remain under $54.00/bbl.

Today, the national average gas price is $2.63, which is two cents less than last week and 26 cents cheaper than last year, but six-cents more expensive than last month.

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

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

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AAA says Majority of United States Pays Less to Fill-Up, California’s Gas Prices Spike

 

AAATampa, FL – AAA reports that the national gas price average continues to hold steady on the week at $2.65, which is nine cents more expensive than last month, but 26 cents cheaper than a year ago.

Most motorists around the country are seeing prices decline or stabilize, with the majority of states seeing gas prices decrease by as much as a nickel since last Monday.

Gas prices decline at the pump for most of the country. (AAA)

Gas prices decline at the pump for most of the country. (AAA)

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AAA reports Gas Prices Trending Cheaper

 

AAATampa, FL – AAA says that two weeks after attacks on major Saudi Arabian oil facilities, the majority of Americans are starting to see signs of gas prices trending cheaper. While the national average may have only decreased by a penny on the week, 10 states saw pump prices decline by a nickel or more.

“Crude oil prices have dropped close to where they were right before the drone attacks on the Saudi oil facilities,” said Jeanette Casselano, AAA spokesperson.

Prices at the Gas Pump begin to fall. (AAA)

Prices at the Gas Pump begin to fall. (AAA)

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