25 February 2019

NEWS RELEASE

     


MEDIA CONTACTS:

Florida
Mark Jenkins, spokesman, AAA - The Auto Club Group,
office: (813) 288-7906, cell: (850) 532-0730, MAJenkins@AAASouth.com

Georgia
Garrett Townsend, GA Public Affairs Director, AAA - The Auto Club Group,
cell: (404) 932-1965, GTownsend@AutoClubGroup.AAA.com

Michigan
Nancy Cain, spokesperson, AAA - The Auto Club Group
office: (313) 336-1514, cell: (313) 268-4038, NCain@AAAMichigan.com

Tennessee
Stephanie Milani, TN Public Affairs Director, AAA - The Auto Club Group,
office: (865) 862-9252, cell: (865) 556-2927, SMilani@AAASouth.com

U.S. AVERAGE PRICE

(Per Gallon)
$2.39 (+8¢) 

U.S. GAS PRICES RISE 8 CENTS ON CRUDE OIL STRENGTH

 

TAMPA, Fla. (February 25, 2019)  U.S. gas prices increased the past 12 consecutive days, rising a total of 11 cents. The national average price for regular unleaded was $2.39 on Sunday. Americans are now spending 8 cents per gallon more than last week and 12 cents more than a month ago. Despite the recent increases, Americans are spending 13 cents per gallon less than this time last year. 

"Gas prices rose as predicted last week, due to crude price gains and oil refineries conducting seasonal maintenance," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Gas prices may fluctuate over the next couple weeks, but will mostly follow an upward trend this spring, as demand rises and refineries switch to a more expensive summer-blend gasoline. AAA forecasts the national average should peak at around $2.75 by Memorial Day weekend. That opens the door for an average increase of another 35 cents this spring."

Crude oil has a significant impact on gas prices. About half of what drivers pay at the pump is influenced by the price of crude. Crude prices have risen more than $12 per barrel so far this year. Last week, oil prices steadily climbed. On Friday, the U.S. benchmark, WTI, settled at $57.26 per barrel on the NYMEX – an increase of nearly $2/b compared to the week before. The price of WTI remains nearly $6 per barrel below last year’s levels. 

Regional Gas Prices

Gas prices in Florida are holding steady, after rising 11 cents last week - setting a new 2019-high of $2.34 per gallon on Saturday. 

Sunday’s average of $2.34 amounts to $35 for a full 15-gallon tank of gasoline. That is $10 less than what drivers paid last May, when prices were at their peak.

The state average is 11 cents more than a week ago and 10 cents more than this time last month. However, drivers are still paying 18 cents per gallon less than this time last year.

So far this month, gas prices have averaged $2.27 per gallon – an increase of 8 cents from the monthly average in January. Still, February gas prices have averaged 32 cents less than in February 2018.

Click here to view AAA’s state and metro gas price averages

  • Most expensive gas price averages: West Palm Beach-Boca Raton ($2.46), Miami ($2.39), Sebastian-Vero Beach ($2.38)
  • Least expensive gas price averages: Jacksonville ($2.29), The Villages ($2.31), Tampa-St. Petersburg-Clearwater ($2.31)

Gas prices in Georgia have increased the past 11 consecutive days for a total of 14 cents.

Georgia drivers are now paying an average price of $2.28 per gallon for regular unleaded - 9 cents more than a week ago, and 12 cents more than this time last month. Still, drivers are paying 10 cents per gallon less than this time last year.

Drivers are now paying $34 for a full 15-gallon tank of gasoline; a discount of $9 compared to when prices were their highest last May.

So far this month, gas prices have averaged $2.18 per gallon, which is 8 cents more from January’s monthly average, yet 26 cents per gallon less than the monthly average in February 2018. 

Click here to view AAA’s state and metro gas price averages

  • Most expensive gas price averages: Brunswick ($2.32), Atlanta ($2.31), Hinesville-Fort Stewart ($2.30)
  • Least expensive gas price averages: Catoosa-Dade-Walker ($2.20), Augusta-Aiken ($2.21), Warner Robins ($2.22)

Gas prices in Michigan have declined the past four consecutive days, after setting a new 2019-high of $2.48 per gallon, last week. 

Michigan drivers are now paying an average price of $2.43 per gallon for regular unleaded - 6 cents more than a week ago, and 22 cents more than this time last month. Still, drivers are paying 7 cents per gallon less than this time last year.

Motorists are paying an average of $36 for a full 15-gallon tank of gasoline; a discount of $11 from when prices were their highest last May.

So far this month, gas prices have averaged $2.32 per gallon – an increase of 21 cents from the monthly average in January, but 22 cents less than the monthly average in February 2018. 

Gas prices in Metro Detroit, have also drifted lower the past four days, after setting a new 2019-record of $2.44 per gallon. Since Wednesday, gas prices have declined an average total of 3 cents. 

Drivers in Detroit are now paying an average price of $2.41 per gallon. The Metro average is 6 cents more than a week ago, and 26 cents more than this time last month. Despite the recent uptick, drivers are paying an average of 4 cents per gallon less than this time last year. 

Click here to view AAA’s state and metro gas price averages

  • Most expensive gas price averages: Jackson ($2.48), Benton Harbor ($2.47), Saginaw-Bay City-Midland ($2.46)
  • Least expensive gas price averages: Traverse City ($2.29), Flint ($2.40), Metro Detroit ($2.41)

Gas prices in Tennessee increased the past 13 consecutive days for an average total of 15 cents per gallon.

Tennessee drivers are now paying an average price of $2.19 per gallon for regular unleaded - the highest daily average price so far this year. Sunday’s state average is 10 cents more than a week ago, and 13 cents more than this time last month. Regardless of the recent increase, Tennessee drivers are still paying 12 cents per gallon less than this time last year.

It now costs an average of nearly $33 to fill a 15-gallon tank with gasoline; a discount of nearly $8 compared to when prices were their highest last May.

So far this month, gas prices have averaged $2.08 per gallon – an increase of 7 cents from the monthly average in January. Still, February gas prices have averaged 29 cents less than the monthly average in February 2018.

Click here to view AAA’s state and metro gas price averages

  • Most expensive gas price averages: Nashville ($2.24), Jackson ($2.22), Morristown ($2.19)
  • Least expensive gas price averages: Clarksville-Hopkinsville ($2.15), Johnson City ($2.15), Memphis ($2.15)

Gas Price Tools

                                                                   CURRENT AND PAST PRICE AVERAGES

                                                                                     Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago 2018 High Record High
National $2.394 $2.392 $2.312 $2.274 $2.518 $2.97 (5/26/2018) $4.11   (7/17/2008)
Florida $2.342 $2.342 $2.228 $2.236 $2.524 $2.92 (5/25/2018) $4.08   (7/17/2008)
Georgia $2.280 $2.279 $2.187 $2.156 $2.383 $2.84 (5/27/2018) $4.16   (9/15/2008)
Michigan $2.428 $2.439 $2.374 $2.205 $2.500 $3.13 (5/25/2018) $4.26    (5/4/2011)
Detroit $2.414 $2.418 $2.352 $2.150 $2.446 $3.11 (5/25/2018) $4.24    (5/4/2011)
Tennessee $2.189 $2.186 $2.086 $2.061 $2.312 $2.73 (5/27/2018) $4.12  (9/15/2008)
Click here to view current gasoline price averages


Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.

About The Auto Club Group 
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.8 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.