AAA: Gas prices continue welcome slide heading into Memorial Day
Gas prices continued to retreat for the sixth straight week, pulling back from an early-April peak of $3.94 nationally, just in time for the upcoming Memorial Day holiday weekend.
The national average price of regular grade gasoline fell to $3.71 a gallon on Friday, down 2 cents from last week, 19 cents lower than month-ago prices and 22 cents lower than year-ago prices. Prices at the pump remain 40 cents below the all-time record of $4.11 set in summer 2008.
Crude oil closed lower for 10 of the last 11 trading sessions through Wednesday, to settle at $92.81 per barrel, the commodity’s lowest settlement in more than six months (November 2, 2011). A strengthened U.S. dollar has been a factor in keeping pressure on oil. Read more
AAA: Gas prices down for a fifth consecutive week
Pain at the pump continued to ease this week as prices dropped for the fifth consecutive week, extending a sharp decline that has eased fears that prices would be headed into record territory just in time for the summer driving season.
The national average price for regular grade gasoline dropped 7 cents this week and 21 cents since its April peak to $3.73 per gallon Friday. Prices are 19 cents lower than a month ago, 23 cents below year ago prices and 38 cents lower than the all-time record high of $4.11 per gallon set in July 2008. Read more
AAA: Yard sales pose risk to organizer
Warmer temperatures make for the perfect time for homeowners to clear clutter and even make a little money by having a yard sale.
However, many yard sale hosts fail to realize that they could be held liable should a shopper incur an injury on their property. Therefore, AAA Insurance would like to offer advice to help consumers mitigate their yard sale liability risk. Read more
Augusta County safety patrol student honored by AAA
Adam Hanger, a student from Riverheads Elementary in Augusta County, was recently recognized by AAA Mid-Atlantic for being chosen as an outstanding AAA school safety patrol for 2012. Hanger was selected from the approximate 300 elementary schools that utilize the AAA’s signature school safety program throughout central and western Virginia. Read more
AAA: Gas prices continue slide
Gas prices continued to slide for the third straight week, dropping 14 cents since their $3.94 peak (on April 4) and falling 18 cents below year-ago prices.
The national average price for regular grade gasoline dropped 3 cents this week to $3.80 per gallon Friday. Prices are 13 cents lower than a month ago, yet remain within 31 cents of the all-time record high of $4.11 per gallon set in July 2008. One year ago this week, gas prices topped out at $3.99 per gallon on May 5, which would be the 2011 high price. Read more
AAA: Gas prices continue decline
Prices at the pump continued their surprising spring slide this week, dropping from a high of $3.94 per gallon on April 6 to below year ago prices for the first time since October 26, 2009 (a 910-day streak).
The national average price for regular grade gasoline dropped a nickel this week to $3.83 per gallon Friday. Prices are 8 cents lower than a month ago and 5 cents lower than year ago prices, yet remain within 28 cents of the all-time record high of $4.11 per gallon set nearly three years ago (July 2008). One year ago gas prices were on the rise and would top out at $3.99 per gallon on May 5. Read more
AAA: Cost of owning, operating a vehicle up 1.9 percent
AAA released the results of its annual ‘Your Driving Costs’ study today revealing a 1.9 percent rise in the yearly costs to own and operate a sedan in the U.S. The average costs rose 1.1 cents per mile to 59.6 cents per mile, or $8,946 per year, based upon 15,000 miles of annual driving.
“The average driving cost for 2012 is up due to relatively large increases in fuel and tire costs, and more moderate increases in other areas,” said John Nielsen, AAA director of Automotive Engineering and Repair. “Those increases were offset by a decrease in depreciation resulting in an overall increase of 1.9 percent.” Read more
