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AAA reports Motorists to see Relief in Southeast with Restart of Colonial Pipeline

 

AAAWashington, D.C. – AAA says motorists in the southeast can expect to see fuel flowing at local pumps in the coming days. Late on Wednesday, the Colonial Pipeline announced the restart of pipeline operations.

While it will take several days for operations to get back to normal, this news will help to ease the supply strain seen on the East Coast – especially in southern Virginia, the Carolinas, Georgia, and Tennessee.

Supply Strained Areas Prioritized for Gasoline Deliveries in Days Ahead. (AAA)

Supply Strained Areas Prioritized for Gasoline Deliveries in Days Ahead. (AAA)

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AAA says National Gas Price Average to climb this week due to Colonial Pipeline shutdown

 

AAAWashington, D.C. – On the week, the national gas price average jumped six cents to $2.96. If the trend continues, an increase of three more cents would make the national average the most expensive since November 2014 –the last time we saw average prices at $2.99 and higher.

AAA forecasts gas prices to climb this week in reaction to the shutdown of the Colonial Pipeline, which delivers approximately 45% of all fuel to the East Coast.

Gas Prices Jump Six Cents on Week, Likely to Climb Higher with Major Pipeline Shutdown. (AAA)

Gas Prices Jump Six Cents on Week, Likely to Climb Higher with Major Pipeline Shutdown. (AAA)

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Joe Biden-Kamala Harris Administration Launches an All-of-Government Effort to Address Colonial Pipeline Incident

 

The White HouseWashington, D.C. – The recent cyberattack targeting the Colonial Pipeline has triggered a comprehensive federal response focused on securing critical energy supply chains.

President Joe Biden is receiving regular briefings on the incident and has directed agencies across the Federal Government to bring their resources to bear to help alleviate shortages where they are occurring.

President Joe Biden and Vice President Kamala Harris

President Joe Biden and Vice President Kamala Harris

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AAA reports April Saw Small Pump Price Changes, Larger Increases Likely in May

 

AAAWashington, D.C. – At the start of May, the national gas price average is $2.90, which is three cents more than a month ago.

Pump prices in April saw minimal variability compared to March, which increased 15 cents from start to finish. Stable crude oil prices amid fluctuating demand helped keep the national average price jumps nominal last month.

Gas Prices expected to continue to rise in May. (AAA)

Gas Prices expected to continue to rise in May. (AAA)

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National Gas Price Average rises Two Cents

 

Tennessee has some of the Cheapest Gas Prices in the Country

AAAWashington, D.C. – At 9.1 million b/d, United States gasoline demand recorded its second-highest measurement since mid-March 2020, indicating that motorists are filling up more often.

This latest demand reading is the highest spring number released by the Energy Information Administration (EIA) in two years. In fact, it is only about 3% below the same week in 2019.

U.S. Demand Readings Looking More Like Spring. (AAA)

U.S. Demand Readings Looking More Like Spring. (AAA)

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AAA reports National Gas Price Averages at $2.86 since beginning of April

 

AAAWashington, D.C. – AAA says that despite gasoline demand mostly increasing this month, the national gas price average has seen little movement, fluctuating up or down by only a penny to $2.86 or $2.87.

In fact, 10 of the past 12 days saw a steady hold at $2.86 despite demand reaching its highest measurement—8.9 million b/d for the week ending April 9th—in more than a year.

National Gas Price Average has changed little since April. (AAA)

National Gas Price Average has changed little since April. (AAA)

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AAA says Gasoline Supply, Refinery Utilization on the Rise as Crude Oil Prices Decline

 

AAAWashington, D.C. – AAA reports Refinery utilization is at its highest measurement this year: 84%.

This strong utilization rate, as measured by the Energy Information Administration (EIA), helped contribute to the addition of 4 million bbl of gasoline, pushing overall supply levels to 234.5 million bbl for the week ending April 2nd.

Gas truck

Gas truck

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AAA says Gasoline Demand Continues to Grow as Pump Prices Fluctuate

 

AAAWashington, D.C. – AAA reports Gasoline demand measured 8.9 million b/d in the Energy Information Administration’s (EIA) latest weekly report, up nearly 4% from the week prior.

Because of the jump in demand, gasoline supplies tightened to 230.5 million bbl, the lowest level this year, and state gas prices averages saw major fluctuations. On the week, states saw pump price changes ranging from an increase of 15 cents to a decrease of 3 cents.

Gas Prices at the Pump bounce around as demand grows. (AAA)

Gas Prices at the Pump bounce around as demand grows. (AAA)

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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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#13 Tennessee Lady Vols Basketball plays Middle Tennessee in First Round of NCAA Tournament

 

#3 Tennessee (16-6 | 9-4 SEC) vs. #14 Middle Tennessee (17-7 | 12-4 C-USA)

Sunday, March 21st, 2021 | 1:00pm CT (2:00pm ET)
Austin, TX | Frank Erwin Center | TV: ABC

UT Lady VolsAustin, TX – The No. 13/15 Tennessee Lady Vols basketball team (16-7, 9-4 SEC) remains perfect in NCAA Tournament participation, earning the program’s 39th-straight invitation to the “Big Dance.” UT is the only school to appear in every women’s tourney.

The UT Lady Vols were selected as a No. 3 seed in the River Walk Region and will meet No. 14 seed Middle Tennessee (17-7) in the NCAA First Round on Sunday. Tip-off is slated for 2:00pm ET (1:00pm CT) at the Frank Erwin Center on the University of Texas campus. The game will be televised by ABC and carried by the Lady Vol Radio Network.

Tennessee Women's Basketball takes on Middle Tennessee in the First Round of the NCAA Tournament, Sunday. (UT Athletics)

Tennessee Women’s Basketball takes on Middle Tennessee in the First Round of the NCAA Tournament, Sunday. (UT Athletics)

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