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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 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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AAA reports National Gas Price Average Jumps by a Dime in One Week

 

AAATampa, FL – AAA says that last week was the first time since early June that the national gas price average jumped more than a nickel in under a few days. On the week, it’s a dime more expensive at $2.66 with half of states seeing prices increase by 10 cents or more.

However, even with the significant increase, the national average is still cheaper compared to last month (-6 cents) and last year (-19 cents).

Gas prices holding steady according to AAA. (AAA)

Gas prices holding steady according to AAA. (AAA)

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AAA reports Crude Oil Prices Spike Following Attacks on Saudi Arabian Oil Facilities

 

AAATampa, FL – On the week, the national gas price average held steady at $2.56, but motorists can expect some volatility at the pump in the coming days and weeks.

Over the weekend, Saudi Arabia experienced drone attacks on two major oil facilities – including the world’s largest, Abqaiq. The attacks have taken 5.7 million (crude) barrels per day off the market, accounting for about 6% of the global supply.

Americans Can Expect Pump Price Jumps Coming to Stations as Soon as this Week. (AAA)

Americans Can Expect Pump Price Jumps Coming to Stations as Soon as this Week. (AAA)

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Clarksville Police release information about Missing Children Incident

 

Clarksville Police Department - CPDClarksville, TN – The Clarksville Police Department wanted to send out additional information about the missing children incident from September 5th. Clarksville Police were alerted to two missing children, 10 and 11 years old, from a Cross Ridge Drive residence on September 5th, 2019, around 10:00pm.

They were last seen around 5:30pm inside of the house. Around 7:30pm, when a family member came home, the children were both gone. There were no signs of forced entry or any indication of foul play.

Missing Children Traveon Thompson Jr. and Le'Asia Thompson were found in Wytheville, VA.

Missing Children Traveon Thompson Jr. and Le’Asia Thompson were found in Wytheville, VA.

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AAA says National Gas Price Average for Labor Day on Track to Be Cheapest in Three Years

 

AAATampa, FL – At $2.59, AAA says the national gas price average is poised to be potentially the cheapest Labor Day weekend average in three years. Today’s average is already nearly a quarter cheaper than during last year’s holiday ($2.83) and four cents cheaper than 2017’s Labor Day ($2.63).

“For Americans who bookend summer with road trips, they will find gas prices this coming weekend that are cheaper than this past Memorial Day and last year’s Labor Day holiday,” said Jeanette Casselano, AAA spokesperson.

2016-2019 National Gas Price Comparison -August 26th, 2019 «Read the rest of this article»

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AAA reports Gas Demand at All-Time High, Slowing Pump Price Decreases

 

AAATampa, FL – AAA says summer may be ending, but gasoline demand is soaring to new heights. In its latest reading, the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991.

As demand jumped, gasoline stocks fell by 1.4 million bbl and pump prices slowed their decline on the week.

2016-2019 National Gas Price Comparison -August 19th, 2019 «Read the rest of this article»

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AAA reports Gas Prices slide lower for a Another Week

 

AAATampa, FL – Today’s national average is $2.73. While this is two cents more expensive than on the same day last month, it is three cents cheaper than last week and 12-cents less expensive than a year ago.

“Gas prices this month are on average a dime less expensive than in July 2018. These less expensive gas prices have encouraged summer road trips as evidenced by robust demand numbers since May,” said Jeanette Casselano, AAA spokesperson.

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

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

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AAA says Gas Prices are rising this Summer

 

AAATampa, FL – As summer temperatures rise, so are gas prices according to AAA. State averages have jumped, pushing up the national average nearly a dime to $2.75 in the last 15 days.

In addition to rising gasoline demand, 13 states this month have introduced new gas taxes that have contributed to the national average increase. Those states include California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee, and Vermont.

2016-2019 National Gas Price Comparison - July 8th, 2019 «Read the rest of this article»

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AAA says Going Against Usual Trends, Demand Drives Gas Prices Down Even Lower

 

AAATampa, FL – For the week ending June 14th, 2019, U.S. gasoline demand hit its highest level at 9.93 million b/d. It is the highest level ever recorded since the Energy Information Administration (EIA) began publishing data in 1991.

Counterintuitively, as motorists drive demand to new heights, pump prices pushed even cheaper across the country on the week. This is due to the recent trend in cheaper crude pricing and because crude comprises roughly 60% of the costs people pay at the pump, drivers are seeing summer savings.

Gas Prices continue to fall at the Pump despite rising demand. (AAA)

Gas Prices continue to fall at the Pump despite rising demand. (AAA)

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