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Monday, January 08, 2018

Gas prices
Gas prices have held relatively steady, during the first seven days of the year. In Tennessee, gas prices averaged $2.28 on Sunday. The state average is 2 cents more than a week ago, and is 13 cents more than this time last year. Prices at the pump remain elevated due to strong oil prices. The first week of the new year is historically strong for oil prices. Then the reality of low winter demand pushes them lower for the next month or two. Meanwhile, gasoline demand, has dropped significantly, contributing to a strong build in fuel availability. This phenomenon is normal this time of year, and usually leads to lower gas prices in January and February. "Retail prices could drop 5-15 cents in the next month and a half, while supply outpaces demand," said Mark Jenkins, spokesman for AAA in Tennessee. But he says springtime often is a springboard for prices at the pump, and we may see a 40-50 cent jump per gallon by summer. Prices normally rise in the spring as demand grows and supplies tighten. Historically, gas prices rise 30-75 cents per gallon during spring maintenance season, due to the supply reduction and summer-blend switch. Jenkins says this spring is likely to be more active than usual for refineries, putting the price-hike on the higher end of that 30-75 cent scale.


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Thursday, November 15, 2018

  • Consolidated Cocke County social services
  • Cocke County home destroyed by fire
  • Haney conviction upheld
  • Deer monitoring
  • Stargazing at Cades Cove
  • Lamotte murder

    Wednesday, November 14, 2018

  • Senior Citizens Thanksgiving Dinner
  • Newport City Council
  • Cocke County Finance Committee
  • Amazon coming to Nashville
  • Lee to review open records

    Monday, November 12, 2018

  • Classical concert
  • Sanderlin/Toby pursuit and arrest
  • Empower planning a tiny home community
  • Allison died of smoke inhalation
  • Byrd charged in Sunday stabbing
  • Commodity distribution
  • Gas prices

    Sunday, November 11, 2018

  • Allison fire death
  • Office on Aging Thanksgiving

    Friday, November 09, 2018

  • Cocke County School Board meets
  • Inmates Warren and Mantooth face charges
  • KCCB electronics recycling
  • After Thanksgiving hikes
  • Small/Johnson indicted federally
  •    

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