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Topic: Oil Prices
AAA reports Low Gas Demand Continues to Push National Average Lower
September 26, 2020 | 
Tampa, FL – AAA says that the latest Energy Information Administration (EIA) report measures demand at 8.48 million b/d, which is a slight uptick from the previous week’s 8.39 million b/d.
However, the small increase — likely due to holiday road trips — is still 461,000 b/d lower than last year at this time. Low demand, even as total domestic stocks of gasoline declined to 231.5 million bbl, has helped keep pump prices low.
Gas prices at the pump fall slightly. (AAA)
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AAA reports Tennessee Gas Price Average Remains Stable
Nashville, TN – The Tennessee gas price average remains unchanged from last week. The Tennessee Gas Price average is now $1.94 which is three cents more than one month ago and 46 cents less than one year ago.
“We are heading into the fall driving season where we typically see a drop in demand due to fewer road trips. A continued drop in demand should lead to a decrease in prices at the pump,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “However, some volatility at the pump may be possible this week as Tropical Storm Beta heads toward the gulf coast later today.”
Tennessee remains the 9th least expensive gas market in the nation. (AAA)
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AAA reports Tennessee Gas Prices drop as Tropical Storm Sally approaches Gulf Coast
Clarksville has Third Cheapest Gas Prices in Tennessee
Nashville, TN – The Tennessee gas price average continues to trend lower as Tropical Storm Sally moves toward the Gulf Coast.
The Tennessee Gas Price average is now $1.94 which is down three cents from last week, three cents more than one month ago and 34 cents less than one year ago.
Tennessee gas price average falls three cents over last week. (AAA)
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AAA reports Tennessee Gas Prices remain Steady
Nashville, TN – The Tennessee Gas Price average is now $1.91 – a penny increase over last week. Today’s state average is down one penny from last month and nearly 39 cents cheaper than this time last year.
“Gasoline stocks hit their lowest level since the pandemic began and demand dipped on the week, down to 8.6 million b/d,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “These decreases typically lead to cheaper pump prices, but this summer we’ve seen atypical gas price trends.”
Tennessee remains the eighth least expensive gas market in the nation. (AAA)
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AAA reports National Gas Price Average rises One Cent
All Eyes on Tropical Storms
Tampa, FL – At $2.18, the national gas price average increased by one cent on the week according to AAA. That is the same price as a month ago and 41 cents cheaper than a year ago.
The minimal change reflects the slow movement at pumps across the country on the week. The vast majority of states (30) saw pump prices fluctuate by a penny, if at all.
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AAA says the National Average may have Peaked for the Year
Tampa, FL – The national gas price average has pushed only as expensive as $2.20 since the beginning of the COVID-19 Coronavirus pandemic, and that happened just one month ago.
In the last four weeks, motorists have seen the national average slowly decrease, down to today’s average of $2.17 despite gasoline demand last week reaching the highest measurement (up to 8.88 million b/d) since Mid-March, according to the latest Energy Information Administration (EIA) weekly report.
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AAA reports Tennessee Gas Prices increase nearly a cent
Clarksville-Montgomery County has the 3rd Cheapest Gas Prices in Tennessee
Nashville, TN – Tennessee gas prices, on average, increased only slightly over last week, rising nearly a penny. The Tennessee Gas Price average is now $1.90 which is four cents less than one month ago and nearly 44 cents less than one year ago.
“Gas prices across the state are likely to fluctuate during back to school season, but we expect them to remain low,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “We’ve likely seen prices at the pump peak for 2020, barring any major hurricane(s).”
Tennessee is now the 8th least expensive market in the United States. (AAA)
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AAA says Gas Pump Prices Pushing Cheaper, Again
Tampa, FL – On the week, the majority of states saw gas prices decrease minimally – by one to two cents or saw no change at the pump. Though low, the volatility was enough to drive the national average down a penny from last Monday to $2.17. Today’s average is two cents less than last month and 49 cents cheaper than a year ago.
“As we move into the second week of the August, it is pricing out to be the second cheapest start to the month in more than a decade,” said Jeanette Casselano, AAA spokesperson.
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AAA reports Tennessee Gas Price Average Falls 3 Cents
Nashville, TN – AAA says that gas prices, on average, dropped three cents across Tennessee over the last week.
The Tennessee Gas Price average is now $1.89 which is five cents less than one month ago and nearly 50 cents less than one year ago.
“As we move into the second week of the August, it is pricing out to be the second cheapest start to the month in more than a decade,” said Megan Cooper, spokesperson, AAA – The Auto Club Group.
Second cheapest start to the month of August for gas prices in over a decade. (AAA)
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AAA reports National Gas Price Average holding Steady
Tampa, FL – On the week, AAA says that the national gas price average held steady at $2.18 as the majority of state averages saw minimal impact at the pump.
With the exception of a few outliers – Florida (+10 cents), Utah (+10 cents) and Idaho (+5 cents) – state averages either decreased by four cents or less or increased by no more than two pennies.
Gas Price Increases Stalling Across the Country. (AAA)
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