Tennessee Regional Prices

- Most expensive metro markets - Nashville ($1.78), Morristown ($1.69), Jackson ($1.59)
- Least expensive metro markets - Cleveland ($1.44), Memphis ($1.47), Chattanooga ($1.53)

AAA: TN Gas Price Average Down $1 Compared to Last Year

The Tennessee gas price average continues to decline and has dropped nearly 4 cents since this time last week. The Tennessee Gas Price average is now $1.59 which is nearly 35 cents less than one month ago and one dollar less than one year ago.

"One in four U.S. gas stations are selling gas for $1.49 or less," said Megan Cooper, spokesperson, AAA - The Auto Club Group. "Even with regional refinery rates dropping, we will continue to see gas prices decrease though potentially at a slower rate than the past few weeks."

In Murfreesboro, you will pay $1.59 per gallon at TigerMarket at 2020 S Church Street, $1.50 per gallon at Mapco at 1251 S. Church Street, $1.46 at Murphy USA at 2435 Billy Blvd or $1.43 per gallon at Thorntons at 925 Old Fort Pkwy.

Quick Facts

- 38% of TN filling stations have gas prices below $1.50
- TN gas prices have declined for 54 consecutive days for a total discount of 64 cents per gallon
- TN gas price average is $1 less than this time last year

National Gas Prices

On the week, the national gas price average decreased by a nickel pushing the year-over-year savings to $1.03/gallon. Today, 20 states have pump price averages that are $1/gallon or more cheaper compared to last year, with another dozen states within a dime of reaching this mark.

On the week, U.S. gasoline demand was stable at 5.1 million b/d as refinery rates dipped down to 69%, a level not reported by the Energy Information Administration (EIA) in more than a decade. Despite lower run rates amid low demand, gasoline stocks increased. Total U.S. stock levels measure at a record 262 million bbl - the highest weekly domestic stock level ever recorded by EIA, since it began reporting the data in 1990.

National Oil Market Dynamics

At the end of Friday's formal trading session, WTI decreased by $1.60 to settle at $18.12 per barrel. Crude prices were volatile last week in the wake of a historic 9.7-million b/d crude oil production reduction agreement for May and June 2020 between the Organization of the Petroleum Exporting Countries and its allies, including Russia. As oil inventories continue to grow around the globe and crude demand falls worldwide, crude prices have dropped dramatically as the public health, economic and financial impact of COVID-19 increases. Crude prices will likely remain volatile this week, as the market continues to assess how low crude prices could fall during the ongoing pandemic.

Tips for Disinfecting After Filling-Up Your Vehicle

- When driving into a gas station, select a pump located at the end to minimize close contact with others filling their tank.
- Use disinfecting wipes to wipe down the gas pump, screen and touchpad.
- Use gloves, or if you don't have them, a plastic bag when touching the pump.
- After filling-up, use wipes and hand sanitizer to wipe down your hands and credit card.