![\"AAA\"](\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2010\/05\/AAA.gif\" "\\"AAA\\"")
Tampa, FL<\/span><\/strong> –<\/span> Tennessee gas prices<\/a> are falling after oil prices suffered big losses during the week. The state average declined for the 13th consecutive day on Sunday, for a total discount of 3 cents since May 29th. <\/p>\nThe average price for a gallon of gasoline in Tennessee<\/a> was $2.09 on Sunday, according to AAA, whose data is collected from credit card swipes and direct feeds from 120,000 gas stations nationwide, in cooperation with OPIS and Wright Express. The state average is 2 cents less than a week ago and 10 cents less than this time last year. <\/p>\n The National Average Drops Below Year-Ago Levels.<\/p><\/div>\n <\/p>\n <\/p>\n “Unexpected growth in oil and gasoline supplies sent prices into a downward spiral,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices plunged to lows that should translate to a total discount of 5-10 cents at the pump, but motorists shouldn\u2019t expect that discount to hit overnight. It usually takes a week or two before gas prices fully adjust to major shifts on the crude oil market.”<\/p>\n Last month, OPEC extended production cuts in hopes of balancing the oil market. Yet it appears the market glut is getting worse, according to the latest supply data from the government (EIA), thanks in large part to increased production in the United States.<\/p>\n Crude inventories unexpectedly rose for the first time in nine weeks, increasing 3.3 million barrels per day to a total of 513.2 million barrels. Meanwhile, gasoline stocks grew for the first time in five weeks, by nearly 3 million barrels. Both stock levels are well above last year’s levels.<\/p>\n All this growth, combined with weaker demand figures, pushed oil prices to their lowest point in five weeks. Thursday’s daily settlement of $45.64 was the lowest since May 4th, 2017. The weekly average of $46.56 was the lowest since November 2016. Oil prices have fallen $4.00 since Labor Day weekend.<\/p>\n *Highs and Lows of 2017*<\/strong><\/p>\n *Fuel Price Flashback*<\/strong><\/p>\n Summer Gas Prices will Rival Those from 2016<\/strong><\/p>\n Gas Price Tools for Reporters\/Consumers<\/strong><\/p>\n National Gas Prices<\/strong><\/p>\n <\/p>\n Regular Unleaded Gasoline<\/strong><\/p>\n![\"The](\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2015\/05\/Fueling-at-the-Pump-480x319.jpg\" "\\"The")
<\/a>Most & Least Expensive Gas in Tennessee<\/h3>\n
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Falling Oil Prices Push Pump Prices Lower<\/h3>\n
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Current and Past Price Averages<\/h3>\n
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