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National Gas Price Average increases by One Penny

 

AAATampa, 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.

Gas prices at the pump continue downward trend. (AAA)

Gas prices at the pump continue downward trend. (AAA)

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AAA reports Gas Demand Rises, Prices at Pump Climb

 

AAATampa, FL – Americans are filling up at the pump more and more. Since mid-May, gasoline demand has increased 18% to 7.9 million b/d, according to the latest Energy Information Administration (EIA) report.

The slow, but steady rise in demand has pushed the national pump price more expensive by 13% in the same time frame. Today’s national average is $2.10. That is seven cents more on the week, 24 cents more on the month, but 59 cents cheaper on the year.

Prices at the Gas Pump continue to climb with increased demand. (AAA)

Prices at the Gas Pump continue to climb with increased demand. (AAA)

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AAA reports National Average rises back to $2.00 Per Gallon

 

AAATampa, 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.

The National Gas Price average hit $2.03 this week. (AAA)

The National Gas Price average hit $2.03 this week. (AAA)

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National Gas Price Average rises close to $2.00 a Gallon

 

AAATampa, FL – The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase.

However, demand is still down nearly 25% compared to last year, according to the Energy Information Administration’s (EIA) latest reports.

National gas price average has increased to $1.97. (AAA)

National gas price average has increased to $1.97. (AAA)

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AAA reports only 12 States have Gas Price Average of $2.00/Gallon or More

 

AAATampa, FL – As gas prices continue to push cheaper across the country, only one dozen states carry an average of $2.00/gallon or more. The national average is $1.77, which is four cents less than last week, 28 cents cheaper than last month and $1.11 less than a year ago.

Crude oil prices were extremely volatile last week, pushing negative for the first time ever, but they did make significant gains to end the week in the positive.

Most states have Gas Price Average below $2.00/Gallon. (AAA)

Most states have Gas Price Average below $2.00/Gallon. (AAA)

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FDA Coronavirus (COVID-19) Update: April 30th, 2020

 

U.S. Food and Drug Administration (FDA)Silver Spring, MDThe U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 Coronavirus pandemic:

Wednesday, the FDA issued a Consumer Update, Tips on Good Nutrition and Using the Updated Nutrition Facts Label During the Coronavirus Pandemic.

Coronavirus

Coronavirus

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AAA says Gas Demand Plummets pushing Pump Prices Lower

 

AAATampa, FL – AAA says that the national gas price average has steadily declined for seven weeks, pushing the average cheaper by 61-cents to $1.86 today. During this time frame (since late February), United States demand for gasoline has decreased 44% to 5 million b/d as gasoline inventories build across the country.

“We are seeing fast and furious gasoline demand destruction. The latest data reveals demand levels not seen since spring of 1968,” said Jeanette Casselano, AAA spokesperson. “Every U.S. region is seeing builds in gasoline inventories and crude storage, which is just driving pump prices even cheaper.”

No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)

No Immediate Impact to Pump Prices Expected with OPEC+ Historic Global Reduction Announcement. (AAA)

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AAA reports Pump Prices, Crude Oil Continue to Decline

 

AAATampa, 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)

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

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AAA reports National Gas Prices continue to decline

 

AAAWashington, 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)

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

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

 

AAATampa, 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)

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

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