Tennessee Gas Price Average drops Four Cents
November 12, 2022
Nashville, TN – After jumping up slightly on Halloween weekend, pump prices across Tennessee have since shifted lower.
The Tennessee Gas Price average is now $3.28 which is eight cents more expensive than one month ago and 13 cents more than one year ago.
AAA reports Tennessee Gas Price Average Jumps to $3.00 per Gallon
October 12, 2021
Nashville, TN – For the first time since October 2014 the Tennessee gas price average rose above $3.00 per gallon. Over last week, Tennessee gas prices jumped nearly 12 cents to the most expensive gas price average so far this year.
The Tennessee Gas Price average is now $3.01 which is nearly 12 cents more expensive than one month ago and $1.07 more than one year ago.
Tennessee moves to the 9th least expensive market in nation. (AAA)
Rising Crude Oil Prices means Higher Prices at the Gas Pump
October 11, 2021
Washington, D.C. – The national average price for a gallon of gas rose 8 cents on the week to reach $3.27. This is the highest price since October 2014 and is primarily due to the surging price of crude oil, which crept above $80.00 bbl before edging slightly lower.
“The key driver for this recent rise in the price of gas is crude oil, which typically accounts for between 50% and 60% of the price at the pump,” said AAA Spokesperson Andrew Gross.
Surging price of Crude Oil results in highest National Average Gas Prices in Seven Years. (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 Gas Prices in Tennessee are holding steady
June 15, 2021
Clarksville-Montgomery County has the Third Most Cheapest Gas Prices in Tennessee
Nashville, TN – Tennessee gas prices held steady over last week with today’s state average coming in at the same price as one week ago. The Tennessee Gas Price average is now $2.88 which is only a penny more expensive than one month ago and $1.00 more than one year ago.
“Motorists are paying, on average, 37% more to fill up than the start of the year,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “Prices for the rest of the month are likely to push more expensive, but if crude production increases, as forecasted, there is the possibility of seeing some relief at the pump later this summer.”
High crude oil prices could push pump prices higher. (AAA)
AAA reports Crude Oil climbs to Highest Price in 3 Years
June 14, 2021
Washington, D.C. – At $70.00/bbl, crude oil has increased to its highest price since October 2018 and is now $23/bbl more expensive than it was this past January.
Crude prices have steadily climbed this year along with optimism for the COVID-19 Coronavirus vaccine and the promising impact it will have on global gasoline demand.
Gas Prices Climb on the Week. (AAA)
AAA reports Tennessee Gas Prices go up One Cent
June 7, 2021
Nashville, TN – AAA says gas prices across Tennessee increased by a penny, on average, over last week. The Tennessee Gas Price average is now $2.88 which is 17 cents more than one month ago and nearly $1.10 more than one year ago.
“We expect this week’s demand number to increase as it will reflect Memorial Day holiday weekend travel, but it’s not likely to lead to an increase in gas prices for the majority of motorists,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “However, crude oil is on the rise and could prop up pump prices.”
Upward pressure on gas prices expected in short term. (AAA)
AAA reports April Saw Small Pump Price Changes, Larger Increases Likely in May
May 8, 2021
Washington, D.C. – At the start of May, the national gas price average is $2.90, which is three cents more than a month ago.
Pump prices in April saw minimal variability compared to March, which increased 15 cents from start to finish. Stable crude oil prices amid fluctuating demand helped keep the national average price jumps nominal last month.
Gas Prices expected to continue to rise in May. (AAA)
AAA reports Tennessee Gas Prices remain Steady
May 7, 2021
Nashville, TN – The Tennessee gas price average held steady over the last week with the state average remaining unchanged from the previous week. The Tennessee Gas Price average is now $2.69 which is the same as one month ago and $1.15 more than one year ago.
“While April saw minimal fluctuation, May is likely to see much larger increases alongside demand spikes, especially closer to Memorial Day weekend,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “Compared to May 2019, U.S. gasoline demand is down only 4% and gas prices are, on average, just two cents more.”
Tennessee remains the 10th least expensive market in nation. (AAA)
AAA reports Tennessee Gas Prices Hold Steady
June 25, 2020
Nashville, TN – Tennessee gas prices, on average, increased slightly over last week – only rising nearly two cents. The Tennessee Gas Price average is now $1.89 which is 20 cents more than one month ago and nearly 46 cents less than one year ago.
“Demand levels are likely to ebb and flow in the coming weeks as people continue to be cautious about travel,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. As a result, pump prices will likely continue to increase, but at a slower rate through the end of the month.
Tennessee is the 9th least expensive Gas Market in the United States. (AAA)
