AAA reports Tennessee Gas Price Average Sees Double-Digit Increase for Second Consecutive Week
October 20, 2021
Nashville, TN – For the second week in a row, the Tennessee gas price average saw a double-digit increase week-over-week. Since last Monday, gas prices across Tennessee have risen 10 cents, on average.
The Tennessee Gas Price average is now $3.12 which is 22 cents more expensive than one month ago and $1.18 more than one year ago.
Rising crude oil prices likely to push pump prices higher again this week. (AAA)
AAA says Cost of Gasoline Is Still Going Up
October 18, 2021
Washington, D.C. – The national average for a gallon of gasoline rose a nickel over the past week to hit $3.32. The primary driver of this surge remains the cost of crude oil, which is now closing daily above $80.00 a barrel. In August, the price of crude was in the low $60.00s per barrel.
“Compared to the price of gas a year ago, it now costs consumers about $17.00 more to fill up their vehicles,” said Andrew Gross, AAA spokesperson. “That’s the cost of a large pizza with toppings. And unfortunately, it doesn’t look like drivers will be finding relief at the pump any time soon.”
National Gas Price Average for a gallon of gasoline went up Five Cents this past week. (AAA)
AAA reports Tennessee Gas Price Average Remains Unchanged
October 5, 2021
Nashville, TN – After holding steady for two weeks in a row, the Tennessee gas price average remains relatively unchanged this week with an increase of nearly a penny over last week.
The Tennessee Gas Price average is now $2.90 which is a penny more expensive than one month ago and 96 cents more than one year ago.
Tennessee remains the 7th least expensive market in nation. (AAA)
AAA reports National Gas Price Average drops One Cent
October 2, 2021
Washington, D.C. – Fall is here, but instead of taking a seasonal dip, gas prices still reflect summertime levels when demand was higher.
The national average dropped a penny on the week to $3.18 after matching a seven-year-high in the prior week. The big culprit in keeping pump prices high is the price of crude oil, which is above $73.00 bbl.
Higher Oil Prices Keeping the Pressure on at the Pump. (AAA)
AAA reports Tennessee Gas Prices remain Steady
September 30, 2021
Clarksville-Montgomery County has the Third Cheapest Gas Prices in Tennessee
Nashville, TN – The Tennessee gas price average held steady for the second week in a row, with minimal pump price fluctuation over the last week. The Tennessee Gas Price average remains $2.89 which is four cents more than one month ago and 97 cents more than one year ago.
“Consumers should see the usual autumn relief at the pump,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group.
Tennessee is the 7th least expensive market in the nation. (AAA)
AAA reports National Gas Price Average Stabilizes
September 21, 2021
Washington, D.C. – The national gas price average rose two cents on the week to $3.19, matching a seven-year-high last seen in early August.
While the post-Labor Day period usually sees less demand and lower gas prices, this year, the impact of Hurricane Ida, followed two weeks later by Hurricane Nicholas, has slowed oil production and refinery recovery along the Gulf Coast.
While Gas Prices remained steady on the week, Oil Prices are on the Rise. (AAA)
AAA reports Tennessee Gas Price Average remains unchanged
September 20, 2021
Nashville, TN – The Tennessee gas price average held steady over last week. The Tennessee Gas Price average remains $2.89 which is two cents more than one month ago and nearly 95 cents more than one year ago.
“Hurricane Nicholas complicated and slowed the recovery from Ida, but the seasonal drop-off in demand helped mitigate price increases on the week,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group.
Tennessee moves to the 7th least expensive market in the nation. (AAA)
AAA reports National Gas Price Average Drops Slightly
September 15, 2021
Washington, D.C. – With the height of summer in the rearview mirror, motorists are seeing some relief at the pump, as the national gas price average dropped by a penny on the week to $3.17.
However, the recovery from Hurricane Ida remains slow, with the latest U.S. data showing just under half of the U.S. offshore oil production in the Gulf still idle after companies shuttered production ahead of the storm.
As Fall Approaches, National Gas Price Average drops one cent. (AAA)
AAA reports that Crude Oil Price Drops $5.00/bbl to Lowest Price since May
August 25, 2021
Washington, D.C. – Crude oil prices saw a significant decline of $5.00/bbl on the week, down to $62.32/bbl at Friday’s close. Prices are declining as market concerns grow that crude demand will decline as coronavirus infections increase across the globe. The downward crude price trend could spell good news for motorists.
“Crude oil prices saw not only a dramatic drop on the week, but the price per barrel is at the cheapest in three months,” said Jeanette McGee, AAA spokesperson.
Gas Demand and National Gas Price Average Decline on the Week. (AAA)
AAA reports Tennessee Gas Prices Fall Almost Three Cents
August 23, 2021
Clarksville-Montgomery County has the Third Lowest Gas Prices in Tennessee
Nashville, TN – The Tennessee gas price average declined for the second week in a row, falling nearly three cents over last week. The Tennessee Gas Price average is now $2.84 which is two cents less than one month ago and 93 cents more than one year ago.
“Crude oil prices saw not only a dramatic drop on the week, but the price per barrel is at the cheapest in three months,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “If this downward trend continues and less expensive prices are sustained, Tennesseans can expect to see additional relief at the pump in the near future. This week, Tennessee is the 5th least expensive market in the nation.”
Tennessee moves to Fifth least expensive market in the nation. (AAA)
