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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 Tennessee Gas Prices Inching Lower

September 24, 2018 | Email This Post Print This Post
 

AAA

AAANashville, TN – AAA says gas prices edged lower last week. Sunday’s national average price of $2.85 per gallon was one-tenth of a cent less than the week before. However, the average American is still paying 27 cents per gallon more than this time last year.  

Gas prices in Tennessee slipped a half-cent lower during the past week. Sunday’s state average of $2.58 is 1-cent less than a month ago. However, Tennessee motorists are still paying 6 cents per gallon more than this time last year. 

Gas Prices Slide on Declining Demand.

Gas Prices Slide on Declining Demand.

Click here to view AAA’s state and metro gas price averages

  • The most expensive gas price averages in Tennessee are in Jackson ($2.65), Nashville ($2.61), and Memphis ($2.61)
  • The least expensive gas price averages in Tennessee are in Chattanooga ($2.50), Clarksville-Hopkinsville ($2.51), and Cleveland ($2.52)

“Even though oil prices rose last week, prices at the pump slipped lower because of declines in gasoline demand,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The latest figures from the EIA show weekly demand hitting 4-week lows. Combining this autumn trend with the recent switch to a cheaper-to-produce winter blend gasoline, and prices at the pump could move even lower this fall. However, upward pressure persists due to concerns that there could be major crude supply challenges this fall, due to US-led sanctions against Iranian crude and sharp reductions in economically-stressed Venezuela.”

Gas Price Tools

Current and Past Price Averages

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago Highest Price on Record
National $2.852 $2.853 $2.853 $2.829 $2.581 $4.114 (7/17/2008)
Florida $2.721 $2.723 $2.738 $2.741 $2.675 $4.079 (7/17/2008)
Georgia $2.712 $2.713 $2.723 $2.701 $2.677 $4.164 (9/15/2008)
Tennessee $2.584 $2.586 $2.588 $2.596 $2.518 $4.118 (9/15/2008)
Click here to view current gasoline price averages

 
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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 9.6 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 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety.

Coming Soon To Tennessee! New auto and home insurance products will be available in October 2018. Features include: Enhanced Total Loss Coverage, Retired Homeowner Discount, Disappearing Deductible and much more!

 

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