Tennessee Weekly Gas Price Update

Nov 02, 2020 at 10:21 am by WGNS


Tennessee gas prices have fallen 3.6 cents per gallon in the past week, averaging $1.84/g today, according to GasBuddy's daily survey of 3,821 stations. Gas prices in Tennessee are 8.2 cents per gallon lower than a month ago and stand 43.6 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 $2.49/g, a difference of 92.0 cents per gallon. The lowest price in the state today is $1.57/g while the highest is $2.49/g, a difference of 92.0 cents per gallon.

The national average price of gasoline has fallen 2.7 cents per gallon in the last week, averaging $2.12/g today. The national average is down 6.1 cents per gallon from a month ago and stands 48.0 cents per gallon lower than a year ago.

Historical gasoline prices in Tennessee and
the national average going back ten years:

November 2, 2019: $2.27/g (U.S. Average: $2.60/g)
November 2, 2018: $2.54/g (U.S. Average: $2.75/g)
November 2, 2017: $2.25/g (U.S. Average: $2.51/g)
November 2, 2016: $2.05/g (U.S. Average: $2.21/g)
November 2, 2015: $1.93/g (U.S. Average: $2.19/g)
November 2, 2014: $2.72/g (U.S. Average: $2.97/g)
November 2, 2013: $3.11/g (U.S. Average: $3.25/g)
November 2, 2012: $3.25/g (U.S. Average: $3.49/g)
November 2, 2011: $3.25/g (U.S. Average: $3.43/g)
November 2, 2010: $2.62/g (U.S. Average: $2.78/g)

Neighboring areas and their current gas prices:

Chattanooga- $1.69/g, down 9.3 cents per gallon from last week's $1.79/g.
Nashville- $1.89/g, down 5.0 cents per gallon from last week's $1.94/g.
Huntsville- $1.86/g, down 3.1 cents per gallon from last week's $1.89/g.

"The drop in gas prices has accelerated in the last week as oil prices continue to slide on uncertainty over the election, stimulus and as coronavirus case counts soar, leading to more states rolling back their reopening plans," said Patrick De Haan, head of petroleum analysis for GasBuddy. "In just the last few days, it feels like uncertainty over a potential legal fight over the U.S. election has also risen to near panic levels, all of which throws more uncertainty into the ring, keeping the U.S. from potentially having a clear leader to turn things around. For now, it's virtually guaranteed that the national average will fall to under $2 per gallon in the next two weeks, so motorists need not be in a rush to fill their tanks."

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA's once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country.

GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.

SOURCE GasBuddy