Tennessee gas prices have risen 3.5 cents per gallon in the past week, averaging $2.67/g today, according to GasBuddy's daily survey of 3,821 stations in Tennessee. Gas prices in Tennessee are 13.4 cents per gallon higher than a month ago and stand $1.02/g higher than a year ago.
Examples of Local Gas Prices for Monday:
- Kroger on Cason Lane in Murfreesboro, TN: $2.64/gal
- Shell near MTSU in Murfreesboro, TN: $2.80/gal
- Circle K on Almaville Rd. in Smyrna, TN: $2.39/gal
- Shell near StoneCrest Medical in Smyrna, TN: $3.00/gal
- Mapco on Waldron Rd. in LaVergne, TN: $2.56/gal
- Exxon on Hwy 41 in LaVergne, TN: $2.66/gal
The national average price of gasoline has fallen 0.4 cents per gallon in the last week, averaging $2.86/g today. The national average is up 9.9 cents per gallon from a month ago and stands 95.5 cents per gallon higher than a year ago.
Historical 10-Year Gas Index for TN:
• April 5, 2020: $1.65/g (U.S. Average: $1.91/g)
• April 5, 2019: $2.50/g (U.S. Average: $2.74/g)
• April 5, 2018: $2.46/g (U.S. Average: $2.66/g)
• April 5, 2017: $2.12/g (U.S. Average: $2.38/g)
• April 5, 2016: $1.88/g (U.S. Average: $2.05/g)
• April 5, 2015: $2.12/g (U.S. Average: $2.39/g)
• April 5, 2014: $3.40/g (U.S. Average: $3.57/g)
• April 5, 2013: $3.40/g (U.S. Average: $3.62/g)
• April 5, 2012: $3.79/g (U.S. Average: $3.94/g)
• April 5, 2011: $3.52/g (U.S. Average: $3.69/g)
Neighboring areas and their current gas prices:
Chattanooga- $2.62/g, up 5.6 cents per gallon from last week's $2.56/g.
Nashville- $2.71/g, up 2.3 cents per gallon from last week's $2.69/g.
Huntsville- $2.61/g, down 1.8 cents per gallon from last week's $2.63/g.
"Last week was a mixed bag for consumers at the pump as gas prices in half of states rose, while the other half saw declines, with March closing like a lamb after starting out like a lion," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Oil prices have shown signs of strength in the last few trading sessions, as OPEC agreed to raise oil production starting in May by a very modest 350,000 barrels per day. Overall, it's a small increase in output as global demand continues to show strength in light of Covid-related improvements. U.S. gasoline demand rose for the sixth straight week as consumers hit the road for Easter, and with demand growth likely to remain robust, we may see a second attempt at a run at a national average of $3 per gallon in the months ahead. While the last few weeks have seen gas prices hold mostly steady, it's not likely to last forever, especially as Americans increasingly get outside as warmer temperatures return."
SOURCE: Gas Buddy