Local Gas Prices Higher Than Average

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Tennessee, February 27 - Average retail gasoline prices in Tennessee have risen 7.4 cents per gallon in the past week, averaging $3.56/g yesterday.

This compares with the national average that has increased 11.3 cents per gallon in the last week to $3.64/g, according to gasoline price website TennesseeGasPrices.com.

Gas prices at several locations in Cannon County and Woodbury, however, are almost 20 cents higher than the state average. At several places regular gasoline is currently selling for over $3.75 per gallon.

Including the change in gas prices in Tennessee during the past week, prices yesterday were 32.6 cents per gallon higher than the same day one year ago and are 26.2 cents per gallon higher than a month ago.

The national average has increased 26.6 cents per gallon during the last month and stands 29.8 cents per gallon higher than this day one year ago.

"2012 is looking increasingly like 2008," said Gregg Laskoski, Senior Petroleum Analyst for GasBuddy.com. "Gasoline prices are climbing aggressively as speculation drives crude oil higher; and once again, it's an election year. But this time its the volatility in the Middle East that has everyone wondering 'How high is up?'," he added.

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Members Opinions:
February 27, 2012 at 8:16am
it's almost like they think we don't travel to the surrounding counties and see what the prices are there.
February 27, 2012 at 9:28am
if we all starting boycotting these locations that are higher in price, then perhaps they would lower their prices?? They are charging more because we will pay it.
February 27, 2012 at 12:02pm
As a gasoline retailer, I know for a fact that you are not being cheated at the gas pump at the smaller markets in Cannon County.
We pay a higher price when the gasoline is delivered by our distributor. Gasoline is sold in what is called a spot market based on traffic count for a given area and hauling costs from outside the county add to this price as well. We are your neighbors not your enemy. If you boycott us you are just hurting your hometown. We are all suffering together.
February 27, 2012 at 12:57pm
I guess thats why you can go to McMinnville, Manchester and even Murfreesboro and the small local owned gas stations are cheaper than Woodbury. If you watch the traffic that goes through Woodbury beginning at 4am to 7pm, there is an extreme amount of traffic. In normal times, Woodbury retailers are always 9-10 cents higher. When prices go up like now, it is usually 23-25 cents higher. Go figure
February 27, 2012 at 1:56pm
minn, just how does that explain one "out of town" gast station charging 10 cents less per gallon then just anywhere in Woodbury?? Was out of town somehow easier to deliver to then in town? or was it more of a spot market?
February 27, 2012 at 2:34pm
I really do my best to buy all my gas in Woodbury to help support our local businesses and generate the tax dollars for our county.

However, when it is 25 cents higher than 15 miles down the road then it is hard to expect me or anyone else to pay that extreme difference.

I grant you minn that you may have to pay a little more than say Murfreesboro to have your gas delivered, but I doubt very seriously there is a 25 cent difference between 15 miles at Wal-Mart and the edge of town in Cannon County.

No other small town I drive through has that big of a mark up, so something doesn't add up on that theory!
February 27, 2012 at 7:22pm
I travel to Murfreesboro 3 or 4 times a week, so i just make sure before I come back to Woodbury to fill up my tank there instead of buying gas here where it higher. I try to support local businesses here in Cannon County but with the way that prices continues to rise, why pay a higher price here when I can get it cheaper in Murfreesboro when I happen to be there anyway.
February 27, 2012 at 11:24pm
I can't feel sorry for folks who purchase and drive $15,000 - $30,000 vehicles and then complain about paying an extra 10 cents for gas. A fill up (20 gallons) will cost an extra $2.00. You can't drive to the next town for $2.00. How about buying local, yes, I would rather give that extra $2.00 to a local business instead of burning it up driving to the nearest town to buy cheaper gas. Folks, think these things through before making a knee jerk decision over a few cents difference at the pump, bigger problems deserve our attention.
February 28, 2012 at 12:30am
price gouge much?
February 28, 2012 at 6:20am
price gouge much?
February 28, 2012 at 6:47am
Well flojo my little truck didn't cost $15,000 brand new and I bought it used, so I figure I do have a right to complain since I normally do buy my gas in Cannon County to support local businesses and I am under your price range.

When I passed by last night there was a 14 cent difference between two different gas stations within a 1/4 mile of each other. So that idea of it costs more to deliver it sounds a little fishy now considering the big difference between the two. One was $3.59 and the other was $3.73.

The idea that some of the local gas stations are gouging is quite believable. So I figure if they feel like they need to try to beat me that bad then I will take my money somewhere else and in my opinion so should everyone else if that is the way they choose to run their business.
February 28, 2012 at 8:04am
If you are lucky enough to get a delivery of gas before the price goes up and your competitor is not, you can sell it cheaper than they can.
February 28, 2012 at 8:29am
Probably true minn to some degree.

But a 14 cent difference between a 1/4 of a mile and a 25 to 30 cent difference between 15 miles just isn't adding up to what you are suggesting. It would be that way all over town if that was the case and it isn't. And it isn't that way in any other small town I pass through.

If there is that big of a difference between delivery charges then someone needs to look for another delivery truck.
February 28, 2012 at 11:29am
the sad reality to all of this is that gas prices will be way higher than this in a few months. In my opinion, we will look back and say "remember when gas was 3.75/gallon" In the immortal words of James hetfield " sad, but true"
February 28, 2012 at 12:07pm
You are probably right jar. $3.75 will seem cheap by the end of summer!
February 28, 2012 at 1:42pm
We as Americans have the "POWER" to lower gasoline prices but are to stubborn to do so.

Fuel prices boil down to a simple fact of "supply and demand" As long as we continue to buy it, they will continue to charge whatever they wish.

When the banks decided to charge monthly fees for debit cards - we spoke and said "NO"

When Verizon wanted to charge a monthly fee for paying your bill online - we said "NO"

So till we buck up and refuse to buy gas at the high prices - they will continue to charge what they wish.

And before you bombard me with the argument of "I have to go to work" - hear me out.

If we as Americans chose to buy no fuel say over just (1) weekend, it would be unreal the amount of money the "Big Oil" companies would lose. They would have such a surplus and loss in sales, that they would be lowering the prices and begging consumers to buy again.

So what about it, who's ready to make a difference ? A small few can't make an impact - but a nation as a whole can !!!!!

Chris Blackburn
February 28, 2012 at 3:11pm
Chris you are right, but from what I have read this is not about supply and demand it is about oil traders speculating and driving the cost up.

From what has been told we are at very low demand and we have ample supply, but due to the Middle Eastern conflicts and Iran deciding they are going to cut oil production to England and France the speculators decided they would drive the price up. One thing many people don’t realize is WWII in America was started because of oil supply and demand.

In this case if we had a Congress that would work together and a President that didn't veto things like the Keystone XL pipeline from Canada to Texas then we probably could drive the price down. No matter what Obama says about oil production, supply will drive the price down. But if he won’t allow drilling, pipelines, etc. then they will stay where they are because the speculators control the price. Flood the market and see how much control the speculators have then.

But, alas that is just a silly pipe dream to think that the government might actually work toward something that would be beneficial to the "middle class" they love to say they are behind and support!
February 28, 2012 at 6:51pm
cb4ut-Chris, I like your thinking. Our culture revolves around cheap fuel, it affects the way our communities are structured, our food supply, the way we shop,our jobs and where they are located etc. But, we don't have to buy gas/fuel, it is not a requirement. But the way our lifestyles are structured in 2012, cheap abundant fuel is the basis for modern culture. Now,we can make small short term changes that can reduce our purchase of gasoline, even more important is that we as families and communities could/should develop long term plans to reduce our need for and dependence on foreign oil. Just remember, we vote at the polls and most of all we vote louder with our dollars.
February 29, 2012 at 8:20am
Flo and chris i agree. As for supply and demand economics I believe crude is a beast of it own, the supply is abundant and controled buy oil companies to maximize price and demand.

We, the USA, are gluttons for oil. Our concerns and demands are for luxuries, comfort and POWER with little if any concern for self reliance or our enviroment.

Many of the majors oil companies operate their own retail outlets with gas prices as nothing but a draw to sell their high profit margin cigs, beer and milk. Now many retailers offer discounted gas for patronizing their establishments. These factors will effect the small mom and pop stations which are probably on their last leg as it is. I am afraid the mom and pop wont be able to compete in this enviroment long and when they are gone the producer and retailer of gas will have an even stronger monopoly and we will be at their mercy. Many believe this has already happened.

I must admit I buy gas when I need it and many times glad to see a station with little reguard to price but if I am home I enjoy giving my business to locals.

I also appreciate some of the locals and other mom and pops offering ethanol free gas which does run better in my older vehicles. I also appreciate, especially when weather is bad or just feeling lazy, the Davenports offering full service. If you travel much you know how rare that is.

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