Gas Price Brief - April 2, 2018

AAA: GAS PRICES REACH MULTI-MONTH HIGHS

Gas prices in March were highest in 4 years

TAMPA, Fla. (April 2, 2018) — Spring has sprung, and with that comes higher gas prices. Motorists in many markets are now finding the most expensive gas prices of the year.

"Strong demand, tightening supplies, and record-high gasoline exports gave gas prices a boost this week," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Pump prices seemed to have stalled over the weekend, but there is still potential for higher prices this spring. "

Gas Price Tools for Reporters/Consumers

• GasPrices.AAA.com - Daily national, state, and metro gas price averages.
• AAA Mobile app - Free app that shows current prices at a gas station near you.

Regional Gas Prices

Florida gas prices increased nearly 10 cents during the past week, but leveled off over the weekend. On average, pump prices climbed 15 cents in the last three weeks.

Motorists are spending 34 cents per gallon more than this time last year. Sunday's state average of $2.64 is just 3 cents below the highest price of 2018. Gas prices had the most expensive March in four years, averaging $2.54 for the entire month - an increase of 25 cents from March 2017.

• The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.77), Crestview-Fort Walton Beach ($2.73), and Port St. Lucie ($2.72)
• The least expensive gas price averages in Florida are in Orlando ($2.59), Jacksonville ($2.59), and Tampa-St. Petersburg-Clearwater ($2.60)

Georgia gas prices increased 8 cents during the past week, and are now the highest since October. On average, prices at the pump climbed 19 cents in the last three weeks.

Motorists are spending nearly 40 cents per gallon more than this time last year. Sunday's state average of $2.58 is the highest since October, when gas prices were recovering from the impacts of Hurricane Harvey. Gas prices had the most expensive March in four years, averaging $2.45 for the entire month - an increase of 27 cents from March 2017.

• The most expensive gas price averages in Georgia are in Hinesville-Fort Stewart ($2.63), Brunswick ($2.63), Savannah ($2.61)
• The least expensive gas price averages in Georgia are in Catoosa-Dade-Walker ($2.48), Warner Robins ($2.50), and Rome ($2.51)

Tennessee gas prices increased a little more than a nickel during the past week, then held steady through the weekend. On average, prices at the pump climbed 16 cents in the last three weeks.

Motorists are spending nearly 40 cents per gallon more than this time last year. Sunday's state average of $2.46 is the highest since October, when gas prices were recovering from the impacts of Hurricane Harvey. Gas prices had the most expensive March in four years, averaging $2.35 for the entire month - an increase of 30 cents from March 2017.

• The most expensive gas price averages in Tennessee are in Nashville ($2.51), Cleveland ($2.51), and Clarksville-Hopkinsville ($2.47)
• The least expensive gas price averages in Tennessee are in Memphis ($2.40), Chattanooga ($2.42), and Knoxville ($2.44)

CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

	Sunday	Saturday	Week Ago	Month Ago	One Year Ago	Highest Price on Record
National	$2.657	$2.655	$2.607	$2.540	$2.322	$4.114 (7/17/2008)
Florida	$2.639	$2.641	$2.545	$2.551	$2.300	$4.079 (7/17/2008)
Georgia	$2.579	$2.580	$2.500	$2.422	$2.198	$4.164 (9/15/2008)
Tennessee	$2.461	$2.461	$2.408	$2.325	$2.070	$4.118 (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 9.5 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 58 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. AAA clubs can be visited on the Internet at AAA.com.