Pulaski Citizen

AAA: Tennessee gas rise eight cents

Tennessee is 14th least-expensive state in nation for gas prices

Gas prices across the state moved more expensive last week, rising eight cents, on average. The Tennessee Gas Price average is now $2.79 which is two cents more expensive than one month ago but 49 cents less than one year ago.  

“Gas prices moved higher across the state last week, likely thanks to steady increases in crude oil pricing,” said Megan Cooper, spokeswoman for AAA – The Auto Club Group. “Pump prices are facing additional upward pressure thanks to heightened geopolitical tensions and the lingering impacts of the extremely cold temperatures on refinery production. If crude oil prices remain high it’s likely that drivers can expect pump prices to fluctuate higher again this week.” 

Quick Facts

  • 39% of Tennessee gas stations have prices below $2.75
  • The lowest 10% of pump prices are $2.56 for regular unleaded 
  • The highest 10% of pump prices are $3.10 for regular unleaded
  • Tennessee is the 14th least expensive market in the nation

National Gas Prices

The national average for gas edged higher by three cents since last week to $3.10. The meandering journey is likely caused by low gas demand countered by slightly higher costs for oil.  The result is a pump price stalemate.

According to new data from the Energy Information Administration (EIA), gas demand dipped from 8.27 to 7.89 million b/d last week. Meanwhile, total domestic gasoline stocks increased by 4.9 million bbl to 253 million bbl. Due to fluctuating oil prices, lower gas demand, and rising stocks, pump price increases have been limited. If oil prices continue to see upward pressure, drivers could see pump prices increase steadily in the weeks ahead. 

Today’s national average of $3.10 is two cents less than a month ago and 40 cents less than a year ago.

Drivers can find current gas prices along their route using the AAA TripTik Travel planner.

Tennessee Regional Prices 

  • Most expensive metro markets – Johnson City ($2.89), Memphis ($2.85), Jackson ($2.82) 
  • Least expensive metro markets – Knoxville ($2.75), Chattanooga ($2.75), Morristown ($2.78)

Tennessee Gas Price Averages 

(Price per gallon of regular unleaded gasoline) 

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Click here to view current gasoline price averages