Pumping gas

Pump prices are holding relatively steady and remain at their lowest levels for this time of year since 2005. Today’s price of $2.31 per gallon represents a savings of three cents per gallon on the week and two cents per gallon on the month. Year-over-year drivers continue to benefit from noticeable discounts in the price to refuel their vehicles, and prices are down 47 cents per gallon versus this same date last year.

This year’s summer driving season is likely to set new records for both gasoline demand and vehicle miles traveled, and the latest data from the U.S. EIA shows that gasoline demand is currently at an all-time high. Strong demand can put additional pressure on refineries, and their ability to sustain output and keep gasoline flowing to markets directly impacts the price consumers pay at the pump. However, refineries are reportedly increasing output and gasoline supply has more than kept pace with growing demand. In fact, the refinery utilization rates reached its highest level since April and gasoline inventories posted an increase in the face of these record numbers. Gas prices have fallen for 16 consecutive days, and if the market can remain adequately supplied drivers are likely to continue paying prices unseen for the summer months in more than a decade.

REMINDER: You can find where the lowest gas prices are in Alexandria, Virginia 24/7 via this link.

Happy Independence Day!

While Americans celebrate Independence Day on July 4th, July 2nd is America’s real Independence Day.

The Continental Congress passed the Declaration of Independence on July 4th, but two days earlier on July 2nd, the Continental Congress passed the Lee Resolution (Richard Henry Lee), declaring that the people were independent from Britain.  (more…)

Gas prices

Average U.S. Gas Prices Climb to 2016 High

The national average price of gas reached a new 2016 high over the weekend, and today’s average of $2.38 per gallon is the most expensive average since September 2015. Gas prices have moved higher by two cents per gallon on the week and 16 cents per gallon on the month. Although pump prices have increased for 28 of the past 33 days, consumers continue to benefit from yearly savings and prices are down 42 cents per gallon compared to a year ago.

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Pumping gas
Tightening supply combined with strong gasoline demand contributed to pump gas prices higher over the past week across the United States. Today’s average price of $2.36 per gallon represents an increase of four cents per gallon since last week’s Memorial Day Holiday, and drivers are paying 14 cents per gallon more than one month ago to refuel their vehicles. Year-over-year discounts persist due to crude oil prices remaining relatively low, but discounts are beginning to narrow and have closed to 40 cents per gallon versus this same date last year. Additional information about the price at the pump can be accessed on the newly released AAA Gas Prices website, which includes enhanced features and a fresh design.

Drivers are taking to the roads at a record-setting pace, and gasoline demand remains on target to reach unprecedented highs during this year’s summer driving season. Gasoline production is reportedly keeping pace with growing demand, yet unexpected events with production or distribution could lead to higher prices given the fact that millions of Americans are taking road trips this month.

The national average moved higher for 25 of the past 26 days, for a total increase of 25 cents per gallon. The nation’s top five most expensive markets are: California ($2.83), Hawaii ($2.71), Alaska ($2.65), Washington ($2.62), and Michigan ($2.60). Today’s average is the lowest for this time of year since 2005.

REMINDER: You can find the lowest prices in the Alexandria, Virginia area online on our website 24/7.

Ocean City, MD

Memorial Day travel volume will be second-highest on record

AAA projects more than 38 million Americans will travel this Memorial Day weekend. That is the second-highest Memorial Day travel volume on record and the most since 2005. Spurred by the lowest gas prices in more than a decade, about 700,000 more people will travel compared to last year. The Memorial Day holiday travel period is defined as Thursday, May 26 to Monday, May 30.

“Americans are eagerly awaiting the start of summer and are ready to travel in numbers not seen in more than a decade,” said Marshall Doney, AAA President and CEO. “The great American road trip is officially back thanks to low gas prices, and millions of people from coast to coast are ready to kick off summer with a Memorial Day getaway.”

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Fatal-Road-Crashes-Involving-Marijuana-Double-After-State-Legalizes-Drug

New AAA Foundation Research Also Shows that Legal Limits for Marijuana and Driving are Meaningless (Image via AAA)

New AAA Foundation Research Also Shows that Legal Limits for Marijuana and Driving are Meaningless

Fatal crashes involving drivers who recently used marijuana doubled in Washington after the state legalized the drug, according to the latest research by the AAA Foundation for Traffic Safety. New research also shows that legal limits for marijuana and driving are arbitrary and unsupported by science, which could result in unsafe motorists going free and others being wrongfully convicted for impaired driving. Washington was one of the first two states to legalize the recreational use of marijuana, and these findings raise serious concerns about drug-impaired driving with at least 20 states considering marijuana legalization this year.

The Foundation examined drug tests and fatal crashes among drivers in Washington, a state that legalized marijuana in December 2012.

The researchers found:

  • The percentage of drivers involved in fatal crashes who recently used marijuana more than doubled from eight to 17 percent between 2013 and 2014.
  • One in six drivers involved in fatal crashes in 2014 had recently used marijuana, which is the most recent data available.

“The significant increase in fatal crashes involving marijuana is alarming,” said Peter Kissinger, President and CEO of the AAA Foundation for Traffic Safety. “Washington serves as an eye-opening case study for what other states may experience with road safety after legalizing the drug.”

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AAA: More Than One-Third of Americans Will Take a Family Vacation This Year

As families across the country eagerly await the end of school and the beginning of summer, millions of Americans are making plans to travel with loved ones this year. According to a recent AAA survey, more than one-third of Americans (35 percent) are planning to take a family vacation of 50 miles or more away from home involving two or more immediate family members in the next 12 months.

AAA estimates that U.S. drivers have saved nearly $12 billion on gas so far this year compared to the same period in 2015, and drivers this summer should pay the lowest gas prices in 12 years. These lower gas prices have helped motivate Americans to drive at record levels, and prompted many families to take road trips this year. Fifty-five percent of Americans say they are more likely to take a road trip this year due to lower gas prices.

Road trips (69 percent), national parks (49 percent) and theme parks (42 percent) are the most popular types of vacations for families planning to travel in the next year. Vacations to international destinations (26 percent) and cruises (19 percent) round out the top five most popular vacation options for traveling families.

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