AAA Forecasts National Gas Price Average to Land at $2.40 or Lower This Fall
CHARLOTTE, N.C. (August 22, 2019) – When filling-up at the pump this fall, the majority of U.S. motorists will find savings of potentially more than 25-cents/gallon compared to this summer. The national gas price average, which is already 15-cents cheaper than just five weeks ago, is poised to continue pushing less expensive due to several factors, including less expensive crude oil prices, the drop-off in gasoline demand after Labor Day and the move to winter-blend gasoline. AAA forecasts the national average to drop to $2.40 or lower this fall and offers motorists easy tips to maintain fuel efficiency throughout the year.
“Right now, we are predicting that fall gas prices will be significantly lower than they were this summer across the Carolinas,” said Tiffany Wright, AAA Carolinas spokesperson. “This is due to a number of factors, with the main reason being the low price of crude oil this season.”
Average prices for this quarter over the last three years:
As always, hurricane season has the potential to cause declining gas prices to shoot back up. This month, the National Oceanic and Atmospheric Administration predicted that 2019’s Atlantic hurricane season is expected to be above normal, with 10 to 17 named storms, including five to nine hurricanes. The mere threat of a hurricane making landfall can shutter domestic crude production, leading to spikes in crude and gasoline prices. In 2017, Hurricane Harvey caused the national gas price average to jump 30-cents in a matter of days. Locally, Hurricane Florence caused great damage to the Carolinas last year and Hurricane Matthew a few years prior.
Boost your Vehicle’s Fuel Efficiency
In addition to cheaper gas prices, there are other ways to save at the pump and boost your vehicle’s fuel efficiency this fall.
According to the AAA Foundation for Traffic Safety, Americans drive an average 11,498 miles per year, and annual per-vehicle gasoline use totals approximately 462 gallons. Poorly maintained vehicles are less efficient and use more fuel.
To maintain fuel efficiency for your car, AAA recommends checking the owner’s manual for the recommended maintenance schedule, and keep the following in mind:
- Perform required maintenance as specified. Keeping tires properly inflated, moving components adequately lubricated, and ignition and emission systems in good operating condition will help ensure maximum fuel efficiency and extend the life of your vehicle.
- Change engine oil at the intervals indicated by the in-car maintenance reminder system or factory schedule. Use an “energy-conserving” oil that meets the vehicle manufacturer’s specifications.
- Keep tires inflated at the proper pressure. Use the figures on the tire information decal on the driver’s door jamb — not the one molded into the tire’s sidewall. Under-inflated tires reduce fuel economy and can be a safety hazard.
- Check the engine air filter at every oil change. A dirty filter won’t affect fuel economy on a modern fuel-injected car, but it will reduce engine performance.
- Engine spark plugs must be in good condition. Some types last for 100,000 miles, but others need to be replaced more often.
Gas price averages across the nation can be found at www.gasprices.aaa.com
Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile .
AAA Carolinas, an affiliate of the American Automobile Association, is a not-for-profit organization that serves more than 2.2 million member and the public with travel, automobile and insurance services while being an advocate for the safety and security of all travelers.