Monday, August 14, 2017

Gas prices expected top drop
Prices at the gas pump are holding steady, with Tennessee gas prices averaged $2.15 on Sunday. The state average is 24 cents higher than last year. "Pump prices are moving slightly lower as refineries keep the market well supplied with gasoline," says Mark Jenkins, spokesman for AAA. "Gasoline supplies are outpacing demand as we enter the final weeks of the summer travel season. This should prevent any major gains in gas prices, unless oil prices rise in response to unexpected disruptions in supply due to international conflict, refinery issues, or a hurricane," adds Jenkins. Gasoline demand is on par with this time last year, yet gasoline supply levels are 2 percent higher. Refiners are running at record highs because of favorable profit margins. As a result, gasoline inventories swelled and crude stocks dropped.


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Thursday, April 29, 2021

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  • Mill Creek Wildfire Update
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    Wednesday, April 28, 2021

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