Tennessee Gas Prices Continue Falling

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Tennessee gas prices have fallen 0.6 cents per gallon in the past week, averaging $1.88/g today, according to GasBuddy's daily survey of 3,821 stations. Gas prices in Tennessee are 1.5 cents per gallon lower than a month ago and stand 53.7 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Tennessee is priced at $1.57/g today while the most expensive is $2.59/g, a difference of $1.02/g. The lowest price in the state today is $1.57/g while the highest is $2.59/g, a difference of $1.02/g.

The national average price of gasoline is unchanged in the last week, averaging $2.17/g today. The national average is unchanged from a month ago and stands 53.0 cents per gallon lower than a year ago.

Historical gasoline prices in Tennessee and the national average going back ten years:
August 3, 2019: $2.42/g (U.S. Average: $2.70/g)
August 3, 2018: $2.64/g (U.S. Average: $2.87/g)
August 3, 2017: $2.11/g (U.S. Average: $2.34/g)
August 3, 2016: $1.88/g (U.S. Average: $2.11/g)
August 3, 2015: $2.36/g (U.S. Average: $2.65/g)
August 3, 2014: $3.26/g (U.S. Average: $3.50/g)
August 3, 2013: $3.38/g (U.S. Average: $3.61/g)
August 3, 2012: $3.36/g (U.S. Average: $3.57/g)
August 3, 2011: $3.57/g (U.S. Average: $3.69/g)
August 3, 2010: $2.56/g (U.S. Average: $2.71/g)

Neighboring areas and their current gas prices:
Chattanooga- $1.87/g, up 2.9 cents per gallon from last week's $1.84/g.
Nashville- $2.00/g, up 1.6 cents per gallon from last week's $1.99/g.
Huntsville- $1.89/g, up 0.6 cents per gallon from last week's $1.89/g.

"Impressively and for a fifth straight week, average gas prices have remained quiet, with prices fluctuating less than a a few cents per gallon over the last month. While it's been a bit of a bore, it's certainly still to motorists advantage as prices remain at their lowest seasonally in well over a decade," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Gasoline demand looks to be trending higher, but just barely, which could eventually end the stable gas prices. For now, heading into the last few weeks of summer, I don't think we'll see the national average eclipse $2.25 per gallon, so if you're making plans for Labor Day, that will mean just about everyone is in the $2 per gallon range, with the exception of California and Hawaii. It won't be a bad time if you're choosing to hit the road, as over a dozen states still have average gas prices under $2 per gallon."

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CANNON COMMUNITY
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