Gas Prices see RISE to start week of 05/23/22

May 23, 2022 at 06:56 am by WGNS


(Rutherford County, TN) - Average gasoline prices in Tennessee have risen 8.2 cents per gallon in the last week, averaging $4.28/g today, according to GasBuddy's survey of 3,821 stations in Tennessee. Prices in Tennessee are 44.5 cents per gallon higher than a month ago and stand $1.42/g higher than a year ago. The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.518 per gallon.

Murfreesboro, TN Gas Price Examples (05/23/22):
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• COSTCO (1524 Beasie Rd) $4.14/g
• Sam's Club (125 John R Rice Blvd) $4.17/g
• Murphy USA (2435 Billy Blvd) $4.24/g Walmart (2472 New Salem Rd) $4.19/g

LaVergne, TN Gas Price Examples (05/23/22):
• Exxon (519 Waldron Rd) $4.15/g
• Twice Daily (524 Waldron Rd) $4.19/g
• Phillips 66 (5052 Murfreesboro Rd) $4.19/g
• Pilot (535 Waldron Rd) $4.19/g

Smyrna, TN Gas Price Examples (05/23/22):
• MAPCO (558 Waldron Rd) $4.19/g
• Mystik (229 N Lowry St) $4.17/g
• CITGO (251 N Lowry St) $4.19/g
• 7-Eleven (560 Sam Ridley Pkwy) $4.19/g

Eagleville, TN Gas Price Example (05/23/22):
• Co-Op (1217 N Main St) $4.19/g
• Eagleville Grocery (1005 S Main St) $4.30/g
• Sandy’s Market & Deli (1530 Highway 41A South) $4.30/g

Scroll down to see a 10-year back on this day in gas prices.

According to GasBuddy price reports, the cheapest station in Tennessee was priced at $3.77/g yesterday while the most expensive was $5.57/g, a difference of $1.80/g. The lowest price in the state yesterday was $3.77/g while the highest was $5.57/g, a difference of $1.80/g.

The national average price of gasoline has risen 11.0 cents per gallon in the last week, averaging $4.57/g today. The national average is up 45.4 cents per gallon from a month ago and stands $1.55/g higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in TN and the U.S. average going back 10-years:
• May 23, 2021: $2.86/g (U.S. Average: $3.02/g)
• May 23, 2020: $1.66/g (U.S. Average: $1.96/g)
• May 23, 2019: $2.52/g (U.S. Average: $2.85/g)
• May 23, 2018: $2.71/g (U.S. Average: $2.97/g)
• May 23, 2017: $2.09/g (U.S. Average: $2.36/g)
• May 23, 2016: $2.12/g (U.S. Average: $2.28/g)
• May 23, 2015: $2.47/g (U.S. Average: $2.74/g)
• May 23, 2014: $3.45/g (U.S. Average: $3.66/g)
• May 23, 2013: $3.28/g (U.S. Average: $3.66/g)
• May 23, 2012: $3.38/g (U.S. Average: $3.68/g)

Neighboring areas and their current gas prices:
• Chattanooga- $4.22/g, up 11.0 cents per gallon from last week's $4.11/g.
• Nashville- $4.31/g, up 10.2 cents per gallon from last week's $4.21/g.
 Huntsville- $4.28/g, up 9.1 cents per gallon from last week's $4.19/g.

“Gasoline prices surged over the last week to new record highs, but have finally started to slow their rise with diesel also finally cooling off," said Patrick De Haan, head of petroleum analysis at GasBuddy. "With more Americans planning to hit the road for Memorial Day this year compared to last, prices will be over $1.50 per gallon higher than last year. Though, prices are appearing to slow down, for now. While the coast isn't clear yet, and prices will be at their highest Memorial Day level ever, I'm hopeful that we could avoid a dreaded national average of $5 per gallon this year. Whether or not we're able to depends on Americans cutting demand in the face of sky high prices."

Source: 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 and the Lundberg Survey, updated once every two weeks based on a small fraction of U.S. gasoline 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://prices.GasBuddy.com.

 

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