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.
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.
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.
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.
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.
Washington, D.C. – This week, Senate Democrats voted to block consideration of U.S. Senator Tim Scott, of South Carolina’s, police reform legislation. I voted to begin debate on Senator Scott’s proposal, which I co-sponsored, because it will make police officers more accountable, encourage departments to ban chokeholds and adopt best practices, provide better training to police officers, and make lynching a federal crime.
Congress should have a serious debate and consider amendments on these important issues, and it is a shame that Senate Democrats won’t allow the Senate to even begin to consider this legislation.
Washington, D.C. – Americans are ready to get back to work. Fewer than 6 percent of Americans tested each week are found to have the COVID-19 Coronavirus. Daily average case rates continue to fall, and all 50 states have begun reopening in a safe and responsible manner.
Tampa, FL – For 66 days, the national gas price average held below the $2.00/gallon mark, pushing as cheap as $1.76. In the past week, the average has inched up to $2.03. Despite the consistent increases at the pump, prices are still significantly cheaper year-over-year.
In fact, during the first week of June the past five years, gas prices have typically averaged $2.81.
Washington, D.C. – PRESIDENT DONALD TRUMP: Well, thank you very much. Please.
This afternoon, I’ll sign a proclamation declaring the month of May to be Older Americans Month. I don’t know if I’m in that category. I have a feeling I am. But I feel good. And our country is making a lot of progress, Alex — I want to tell you that. Making a lot of progress.
As we honor the incredible contributions of our nation’s seniors, we are here today to discuss the unprecedented steps we that we’re taking to protect them from the virus.
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