Tennessee has some of the Cheapest Gas Prices in the Country
Washington, D.C. – At 9.1 million b/d, United States gasoline demand recorded its second-highest measurement since mid-March 2020, indicating that motorists are filling up more often.
This latest demand reading is the highest spring number released by the Energy Information Administration (EIA) in two years. In fact, it is only about 3% below the same week in 2019.
Washington, D.C. – AAA says that despite gasoline demand mostly increasing this month, the national gas price average has seen little movement, fluctuating up or down by only a penny to $2.86 or $2.87.
In fact, 10 of the past 12 days saw a steady hold at $2.86 despite demand reaching its highest measurement—8.9 million b/d for the week ending April 9th—in more than a year.
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.
Washington, D.C. – AAA says Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago, and the most expensive daily national average since August 2019.
The latest price jumps are a direct result of February’s winter storm that took 26 U.S. refineries offline and pushed refinery utilization from an average of about 83% down to an atypical low of 68%, according to the Energy Information Administration (EIA).
General Motors recalls nearly 700,000 vehicles because Passenger Frontal Air Bag Inflator May Explode
Washington, D.C. – The National Highway Traffic Safety Administration (NHTSA) reports General Motors, LLC is recalling certain 2013 Cadillac Escalade, Escalade ESV, and Escalade EXT, Chevrolet Avalanche, Silverado 1500, Silverado 2500/3500, Suburban, Tahoe, GMC Sierra 1500, Sierra 2500/3500, Yukon, and Yukon XL vehicles.
An inflator explosion may result in sharp metal fragments striking the driver or other occupants, resulting in serious injury or death.
Tampa, FL – As COVID-19 Coronavirus case numbers surpass 4 million, demand for gasoline is weakening across the country. The latest Energy Information Administration (EIA) demand reading measures at 8.5 million b/d, which is about 11% less than a year ago.
The lower demand contributed to a cheaper national average on the week – down one penny to $2.18. This is the first time since late April that the national average has declined.
Tampa, FL – The national gas price average held steady on the week at $2.19 as 1/3 of states saw gas prices decrease and only 10 states saw gas prices increase by two to four cents.
State averages saw minimal fluctuation as demand roughly held steady over the last four weeks.
“During the last month, demand has averaged about 8.6 million b/d while, gasoline stocks have steadily declined,” said Jeanette Casselano, AAA spokesperson.
Tampa, FL – The national gas price average increased just one cent to $2.18 on the week despite a dip in United States demand for gasoline and gasoline stocks increasing by 1 million bbl.
The slight drop in demand – 47,000 b/d – amid the increase in stocks comes as many states report increases in COVID-19 Coronavirus cases, potentially causing Americans to reconsider outings.
Tampa, 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.
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