12
August
2018
|
17:01 PM
America/Chicago

Gas Price Brief - August 13, 2018

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@AAASouth.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)
$2.86 (-1¢)

PUMP PRICES ARE MIXED AS SUMMER DRIVING SEASON DRAWS TO A CLOSE

TAMPA, Fla. (August 13, 2018) Gas prices in the southeastern U.S. moved in opposite directions during the past week. While pump prices moved lower in Georgia and Tennessee, they quickly climbed in Florida.

Average Summer Gas Prices
2014 2015 2016 2017 Today
National $3.57 $2.71 $2.23 $2.31 $2.86
Florida $3.50 $2.58 $2.19 $2.25 $2.81
Georgia $3.48 $2.57 $2.11 $2.18 $2.76
Tennessee $3.35 $2.45 $2.03 $2.08 $2.63

Regional Gas Prices

Gas prices in Florida rose 6 cents last week, then declined a penny over the weekend.

The state average of $2.81 per gallon is the 22nd-lowest in the nation. Although pump prices remain about the same as last month, Florida motorists are paying nearly 50 cents more than this time last year.

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

  • The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.89), Panama City ($2.87), and Crestview-Fort Walton Beach ($2.86)
  • The least expensive gas price averages in Florida are in Fort Myers ($2.78), Punta Gorda ($2.78), and Jacksonville ($2.78)

Gas prices in Georgia are 2 cents less than a week ago. The state average of $2.76 per gallon is the 17th-lowest in the nation. The lowest gas prices in the U.S. are in Alabama, where the average price is $2.57/g.

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

  • The most expensive gas price averages in Georgia are in Atlanta ($2.82), Gainesville ($2.77), and Brunswick ($2.74)
  • The least expensive gas price averages in Georgia are in Augusta-Aiken ($2.60), Columbus ($2.62), and Catoosa-Dade-Walker ($2.62)

Gas prices in Tennessee declined 2 cents last week. The state average of $2.63 per gallon is the 9th-lowest in the nation. Sunday's state average is the same as last month, yet nearly 50 cents more than this time last year.

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

  • The most expensive gas price averages in Tennessee are in Jackson ($2.69), Nashville ($2.68), and Memphis ($2.65)
  • The least expensive gas price averages in Tennessee are in Kingsport-Bristol ($2.55), Chattanooga ($2.56), and Johnson City ($2.58)

"Strong demand pushed gas prices higher in some states last week, as families squeeze in one final vacation before the kids go back to school," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "However, the most recent figures from the EIA show gasoline demand is beginning to slip, which relieves some of that upward pressure on prices at the pump.

"Traditionally, gas prices decline in the second half of the year, due to lower demand," Jenkins continued. "However, oil analysts forecast significant volatility in the oil market through the end of the year, leaving a big question mark for the long-term direction of prices at the pump."

Gas Price Tools

CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago Highest Price on Record
National $2.860 $2.863 $2.867 $2.884 $2.356 $4.114 (7/17/2008)
Florida $2.809 $2.814 $2.755 $2.807 $2.272 $4.079 (7/17/2008)
Georgia $2.756 $2.759 $2.774 $2.730 $2.233 $4.164 (9/15/2008)
Tennessee $2.633 $2.638 $2.652 $2.631 $2.152 $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.