Washington, D.C. – AAA reports Refinery utilization is at its highest measurement this year: 84%.
This strong utilization rate, as measured by the Energy Information Administration (EIA), helped contribute to the addition of 4 million bbl of gasoline, pushing overall supply levels to 234.5 million bbl for the week ending April 2nd.
Nashville, TN – For the second time this year, the Tennessee Gas Price average saw a week over week decrease – down a penny compared to last week.
The Tennessee Gas Price average is now $2.68 which is 4 cents more than one month ago and $1.05 more than one year ago.
Washington, D.C. – AAA reports Gasoline demand measured 8.9 million b/d in the Energy Information Administration’s (EIA) latest weekly report, up nearly 4% from the week prior.
Because of the jump in demand, gasoline supplies tightened to 230.5 million bbl, the lowest level this year, and state gas prices averages saw major fluctuations. On the week, states saw pump price changes ranging from an increase of 15 cents to a decrease of 3 cents.
Clarksville-Montgomery County has the Third Cheapest Gas Prices in Tennessee
Nashville, TN – For the first time this year, the Tennessee Gas Price Average decreased week over week – falling 2 cents over the last week according to AAA.
The Tennessee Gas Price average is now $2.67 which is nearly 17 cents more than one month ago and 89 cents more than one year ago.
Washington, D.C. – At $2.86, the national average has decreased week-over-week for the first time since November of last year. Today’s average is two cents cheaper on the week. Since last Monday, 45 states also saw their averages decrease or no change at the pump.
“Growing stock levels and cheaper crude oil prices are putting downward pressure on pump prices for the majority of motorists,” said Jeanette McGee, AAA spokesperson.
Washington, D.C. – After weeks of seeing almost daily increases, the national gas price average is showing signs of stability, holding steady at $2.88 for the last 5 days.
Still, today’s average is the highest price since May 2019 and is more expensive on the week (+2 cents), month (+25 cents), and year (+74 cents).
Clarksville-Montgomery County has the Second Least Expensive Gas Prices in Tennessee
Nashville, TN – After multiple weeks of significant increases at the pump, Tennessee gas prices, on average, only increased about a penny over last week.
The Tennessee Gas Price average is now $2.69 which is 28 cents more than one month ago and nearly 78 cents more than one year ago.
Washington, D.C. – Following last month’s winter storm in Texas, the national gas price average has jumped nearly 40 cents to $2.86.
Prices will continue to increase this week, especially following the Energy Information Administration’s (EIA) latest weekly reports showing the second week of a major decline in gasoline stocks and a substantial increase in U.S. demand.
Washington, D.C. – With a nickel increase on the week, the national gas price average has reached $2.77, which is a 31-cent jump in the last month. Every state average has climbed by double-digits since February resulting in 1 in 10 gas stations with pump prices that are $3.00/gallon or more.
Pump prices are increasing as refinery utilization is at an all-time low and crude oil prices (WTI) surged by more than $2.00/bbl to $66.00/bbl on Friday, the highest price in nearly two years.
Clarksville-Montgomery County has the Third Most Expensive Gas Prices in Tennessee
Nashville, TN – The Tennessee gas price average continues to climb, increasing another eight cents over last week. The Tennessee Gas Price average is now $2.58 which is nearly 35 cents more than one month ago and 41 cents more than one year ago.
“With refinery utilization at a record low, gasoline supplies tightening, demand modestly increasing and crude prices on the rise, cheap prices are in the rearview mirror for the immediate future,” said Megan Cooper, spokesperson, AAA – The Auto Club Group.
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