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AAA reports National Gas Price Average falls on the Week for First Time in Months

 

AAAWashington, 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.

Gas prices at the pump start to decline. (AAA)

Gas prices at the pump start to decline. (AAA)

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AAA reports National Gas Price Average remains Steady for Five Days

 

AAAWashington, 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).

Gas prices at the pump decline due to low demand. (AAA)

Gas prices at the pump decline due to low demand. (AAA)

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AAA reports National Gas Price Average increases another nine cents

 

AAAWashington, 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).

March Gas Prices: In Like a Lion, but Out Like a Lamb? (AAA)

March Gas Prices: In Like a Lion, but Out Like a Lamb? (AAA)

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General Motors recalls nearly 700,000 vehicles because Passenger Frontal Air Bag Inflator May Explode

 

National Highway Traffic Safety Administration - NHTSAWashington, 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.

2013 Cadillac Escalade is one of the vehicles being recalled.

2013 Cadillac Escalade is one of the vehicles being recalled.

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General Motors recalls over 500,000 vehicles because Passenger Frontal Air Bag Inflator May Explode

 

National Highway Traffic Safety Administration - NHTSAWashington, D.C. – The National Highway Traffic Safety Administration (NHTSA) reports General Motors, LLC is recalling certain 2009 Cadillac Escalade, Escalade ESV, Escalade EXT, Chevrolet Avalanche, Silverado 1500, Silverado 2500, Silverado 3500, Suburban, Tahoe, GMC Sierra 1500, Sierra 2500, Sierra 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.

Certain 2009 Chevrolet Silverado 1500 and GMC Sierra 1500 trucks are being recalled because the passenger frontal air bag inflator may explode.

Certain 2009 Chevrolet Silverado 1500 and GMC Sierra 1500 trucks are being recalled because the passenger frontal air bag inflator may explode.

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AAA reports Substantial Increase in Gasoline Demand Has Little Immediate Impact on Supply Levels or Pump Prices

 

AAAWashington, D.C. – According to the latest Energy Information Administration (EIA) measurement, gasoline demand jumped from 7.53 million b/d to 8.11 million b/d. Typically a significant increase in demand results in a comparable decrease in supply, ultimately translating to more expensive pump prices.

Surprisingly, the recent large jump in demand had little impact on gasoline supply and minimal impact on pump prices.

Gas prices at the pump remain steady despite an increase in demand. (AAA)

Gas prices at the pump remain steady dispite increase in demand. (AAA)

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AAA says Crude Oil Prices Hit Highest Price Point in Nine Months

 

AAAWashington, D.C. –  AAA reports that pump prices increased on the week despite U.S. gasoline demand falling below 8 million b/d, the lowest weekly reading since June and the softest demand reading for the week of Thanksgiving since 1997.

At $2.16, the national gas price average is more expensive on the week (+4 cents) and the month (+5 cents), but cheaper (-42 cents) compared to last year at this time.

Crude oil prices hit nine month high. (AAA)

Crude oil prices hit nine month high. (AAA)

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AAA reports Gas Prices fall heading into Thanksgiving Holiday

 

AAAWashington, D.C. – At $2.10, this Thanksgiving’s national gas price average is shaping up to be the lowest since 2015. The holiday weekend average that year was a nickel cheaper at $2.05.

“Typically, cheaper gas prices are an incentive for people to travel during a holiday weekend, but that is just not the case this year,” said Jeanette Casselano, AAA spokesperson.

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

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

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Tennessee Senate Republicans sign letter supporting President Donald Trump’s challenge of Election Results

 

November 10th, 2020

Tennessee Senate Republican CaucusDear Tennessee Voters,

The Tennessee Senate Republican Caucus stands absolutely and unequivocally with President Donald J. Trump as he contests the unofficial results of the Presidential Election of 2020.

While this election may have been “called” by various media outlets, the election process is far from over. This election was extremely close in multiple states across the country.

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Donald Trump Administration is Advancing Clean, Reliable, Affordable Hydropower

 

The White HouseWashington, D.C. – Since the beginning of this Administration, President Donald Trump has demonstrated his commitment to modernizing our Nation’s infrastructure.

Under his leadership, the Trump Administration has been implementing a One Federal Decision policy to improve coordination between Federal agencies on environmental reviews for major infrastructure projects, including water projects.

U.S. President Donald J. Trump

U.S. President Donald J. Trump

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