Topic: Oil Prices

AAA reports Tennessee Gas Prices drop 14 Cents

March 28, 2020 |

Nashville, TN – The Tennessee gas price average continues to decrease amid growing concerns about coronavirus (COVID-19) and has dropped 14 cents since this time last week.

The Tennessee Gas Price average  is now $1.89 which is nearly 34 cents less than one month ago and 54 cents less than one year ago. 

Oil Prices Decline

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AAA reports Tennessee Gas Price Average drops below $2.00 per gallon

March 22, 2020 |

Nashville, TN – The Tennessee gas price average is now less than $2.00 per gallon. Today’s state average of $1.97 is down 7 cents from Monday and 25 cents since March 1st, 2020 when the state average was $2.22.

“Even though the average price for gasoline in Tennessee has dropped to $1.97, many drivers are paying much less,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “Crude oil prices are likely to remain low due to downward pressure from coronavirus (COVID-19) fears and the crude price war between Russia and Saudi Arabia. This should translate to even more savings at the pump for motorists.”

72% of Tennessee filling stations have sub-$2.00 gas prices. (AAA)

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President Donald Trump, Vice President Mike Pence, Members of the Coronavirus Task Force Press Briefing Remarks

March 19, 2020 |

Washington, D.C. – THE PRESIDENT DONALD TRUMP: Thank you very much. I think this is going to be a very important conference and I’ll get to that toward the middle, but I have a few things to report. And I want to thank you all for being here.

And I have to say, I think with social distancing that the media has been much nicer. I don’t know what it is — all these empty — these in-between chairs. We probably shouldn’t have anybody sitting behind you either. You know, you should probably go back. But I love it. It’s so much nicer. But I shouldn’t say that because you’ll get me now.

U.S. President Donald J. Trump

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AAA reports Tennessee Gas Prices Remain Low

February 18, 2020 |

Nashville, TN – AAA says the Tennessee gas price average has increased slightly this week after declining for five straight weeks.

The Tennessee Gas Price average is now $2.20 which is nearly two cents more than last week, 13 cents less than one month ago, and 12 cents more than one year ago.

Last week’s increase broke a 39-day streak of declines for a total discount of 21 cents.

Clarksville-Montgomery County has the Third Cheapest Gas Prices in Tennessee. (AAA)

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AAA says Tennessee Gas Prices Drop another 5 Cents This Week

February 15, 2020 |

Nashville, TN – AAA reports that Tennessee gas prices have continued their decline for a consecutive 37 days, dropping 21 cents since January 5th when the Tennessee gas price average was $2.39.

The Tennessee Gas Price average  is $2.18 which is five cents cheaper than last week, 21 cents less than one month ago, and 14 cents more than one year ago.

Tennessee Gas Pump average has declined consecutively for 37 days. (AAA)

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AAA reports Pump Prices, Crude Oil Continue to Decline

February 6, 2020 |

Tampa, FL – The national gas price average is $2.47, which is four cents cheaper than last week and 11 cents cheaper than the beginning of the year. Motorists are paying less to fill up especially as crude oil prices are less expensive.

“Gas prices are pushing cheaper for two reasons. Crude oil prices are $10.00 less a barrel than one month ago and U.S. gasoline stocks sit at an all-time record high,” said Jeanette Casselano, AAA spokesperson.

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

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AAA reports Tennessee Gas Prices Still Declining

February 4, 2020 |

Nashville, TN – AAA says Tennessee gas prices have dropped 16 cents in the last 30 days and are expected to trend even lower in the coming week.

The Tennessee Gas Price average  is $2.23 which is five cents cheaper than last week, 16 cents less than one month ago, and 20 cents more than one year ago.

Tennessee average gas price declines consecutively for 30 days. (AAA)

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AAA reports National Gas Prices continue to decline

February 1, 2020 |

Washington, D.C. – AAA reports that the national gas price average is $2.51, which is three cents cheaper than last week, four cents less than last month, and 25 cents more than a year ago.

Gas prices have continued to drop over the last week as gasoline stocks grew again, measuring at 260 million bbl – the highest stock level ever recorded by the Energy Information Administration (EIA) since it began recording the data in 1990.

Winter Gas Prices continue to fall due to rising Gas Stocks. (AAA)

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AAA reports National Average Unchanged as Gas Stocks Grow, Demand Remains Low

January 25, 2020 |

Tampa, FL – AAA says in its latest weekly report, the Energy Information Administration (EIA) revealed that total domestic stocks of gasoline continue to grow. According to EIA’s data, stocks grew by 1.7 million bbl last week, bringing the current total to 260 million bbl.

The current level is in line with the level seen in mid-January 2019.

Gas prices at the pump remain steady in January. (AAA)

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AAA says as Temperatures Drop across the Country, so has Gas Prices

January 22, 2020 |

Tampa, FL – The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago.

Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl – a stock level not recorded by the Energy Information Administration (EIA) in nearly a year.

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

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