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Information Articles for the Paris TN and Henry County Tennessee area

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Information Articles for the Paris TN and Henry County Tennessee area

AAA reports Gas Prices rising in Tennessee

December 31, 2017 | Email This Post Print This Post
 

Clarksville-Montgomery County has the 2nd Least Expensive Gas Prices in Tennessee

AAANashville, TN – Oil prices reached new heights, causing a bump in the road for falling gas prices. Tennessee gas prices climbed nearly a full cent overnight. The state average is $2.24, after rising 2 cents during the past week.

During the past 8 days, the needle has pointed up for gas prices in Tennessee, although the state average has only risen 2 cents during that time. On Christmas Day, the state average of  $2.23 was 14 cents more than the year before, and the highest price for the holiday in three years. 

Gas prices rise slightly

Gas prices rise slightly

Highest and Lowest Gas Prices in Tennessee

  • The most expensive gas price averages in Tennessee are in Jackson ($2.32), Nashville ($2.27), and Morristown ($2.26)
  • The least expensive gas price averages in Tennessee are in Chattanooga ($2.13), Clarksville-Hopkinsville ($2.17), and Johnson City ($2.17)

For the first time since June 2015, the price of oil exceeded $60 a barrel on the NYMEX yesterday. The daily increase totaled $1.50/b which would normally amount to 3-4 cents at the pump. Oil prices rose after an explosion on a pipeline in Libya, which feeds one of the country’s export terminals. In addition to that, struggles continue, on restoring service to a pipeline in the North Sea.

“We may see moderate increases at the pump this week, but the downward trend should resume in the new year,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “After the holidays, gasoline demand takes a sharp turn lower, because fewer people take extended road trips in January. The weak demand, plus high refinery output should keep gas prices low. However, motorists should prepare for the seasonal 30-70 cent surge in the spring, as refineries conduct maintenance.”

Highs and Lows of 2017*

  • National: the highest average price for gasoline was $2.67 on September 8. The lowest was $2.23 on July 5.
  • Florida: the highest average price in was $2.73 on September 9. The lowest was $2.13 on July 17.
  • Georgia: the highest average price was $2.76 on September 12. The lowest was $2.08 on July 5.
  • Tennessee: the highest average price was $2.60 on September 10. The lowest was $1.99 on July 5.

Gas Price Tools for Reporters/Consumers

  • GasPrices.AAA.com – Daily national, state, and metro gas price averages.
  • AAA Mobile app – Free app that shows current prices at a gas station near you.

Current and Past Price Averages

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago Highest Price on Record
National $2.447 $2.444 $2.423 $2.507 $2.291 $4.114 (7/17/2008)
Florida $2.374 $2.352 $2.363 $2.460 $2.327 $4.079 (7/17/2008)
Georgia $2.279 $2.272 $2.276 $2.362 $2.193 $4.164 (9/15/2008)
Tennessee $2.237 $2.231 $2.216 $2.290 $2.096 $4.118 (9/15/2008)
Click here to view current gasoline price averages

 

Gas Price Survey Methodology

AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.

About The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America.  ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.4 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana.

ACG belongs to the national AAA federation with more than 57.7 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. 

Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. AAA clubs can be visited on the Internet at AAA.com.

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