Rutherford County, TN - Average gasoline prices in Tennessee have fallen 9.1 cents per gallon in the last week, averaging $3.21/g today, according to GasBuddy's survey of 3,821 stations in Tennessee. Prices in Tennessee are 0.7 cents per gallon higher than a month ago and stand 67.8 cents per gallon lower than a year ago.
GAS IN RUTHERFORD COUNTY: Meanwhile, AAA – the Auto Club, reports that average gas prices for regular unleaded fuel in Rutherford County was sitting at $3.19 per gallon early Monday morning, May 1, 2023. However, Rutherford County doesn’t have the cheapest fuel in our immediate area. To the north of Rutherford County in the Lebanon and Mt. Juliet areas, gas is selling for an average price of $3.12 per gallon (regular unleaded).
Gas prices for regular unleaded fuel in the Nashville – Murfreesboro – Franklin Metro Statistical Area came in at an average price of $3.27 per gallon early Monday morning, according to AAA. That price is the same when compared to yesterday (Sunday) and .13-cents cheaper when compared to this past week ($3.40 per gallon).
DIESEL IN RUTHERFORD COUNTY: In the diesel category for Tennessee… AAA reports that the states average on Monday is sitting at $3.83 per gallon. More specifically in the Nashville – Murfreesboro – Franklin Metro Statistical Area, diesel is priced at an average of $3.79 per gallon. Monday’s price is 1-cent cheaper when compared to Sunday and 8-cents cheaper when compared to last week. One year ago in our Metro Statistical Area, diesel was priced at a whopping $5.08 per gallon, which is $1.29 per gallon higher than today’s prices on May 1, 2023.
Now, back to gas - - According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.82/g yesterday while the most expensive was $3.99/g, a difference of $1.17/g. Currently, neighboring Williamson County has the highest average price for regular unleaded fuel in Tennessee. AAA says the lowest “average” price of regular unleaded can be found in northwest Tennessee in the County of Henry, where regular unleaded is selling for an average of $2.95 per gallon.
The national average price of gasoline has fallen 6.3 cents per gallon in the last week, averaging $3.58/g today. The national average is up 8.2 cents per gallon from a month ago and stands 59.6 cents per gallon lower 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.
Historic Gas Prices in TN and the U.S. Average – Going Back 10-Years:
- May 1, 2022: $3.89/g (U.S. Average: $4.17/g)
- May 1, 2021: $2.67/g (U.S. Average: $2.89/g)
- May 1, 2020: $1.50/g (U.S. Average: $1.77/g)
- May 1, 2019: $2.59/g (U.S. Average: $2.89/g)
- May 1, 2018: $2.59/g (U.S. Average: $2.81/g)
- May 1, 2017: $2.14/g (U.S. Average: $2.37/g)
- May 1, 2016: $2.04/g (U.S. Average: $2.22/g)
- May 1, 2015: $2.39/g (U.S. Average: $2.60/g)
- May 1, 2014: $3.50/g (U.S. Average: $3.69/g)
- May 1, 2013: $3.25/g (U.S. Average: $3.53/g)
Neighboring areas and their current gas prices:
Chattanooga- $3.03/g, down 12.1 cents per gallon from last week's $3.15/g.
Nashville- $3.30/g, down 12.4 cents per gallon from last week's $3.43/g.
Huntsville- $3.18/g, down 5.0 cents per gallon from last week's $3.23/g.
"After declining the prior week at a slow pace, the drop in the national average has gained momentum. Oil prices have come under additional selling pressure alongside wholesale gasoline prices, giving retailers room to pass on the lower prices," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Diesel prices have followed, falling to their lowest in over 13 months as demand remains weak due to concerns over the economy. With refinery maintenance wrapping up, we should see supplies start to build in the weeks ahead, just in time for the summer driving season, potentially putting more downward pressure on prices. However, while a majority of states saw gas prices drop, some, particularly in the Northeast, have yet to join in thanks to being the last to make the switch to summer gasoline - but relief will be on the way soon in areas that have resisted the fall thus far."
Sources: GasBuddy – There data is accessible at http://prices.GasBuddy.com. AAA, The Auto Club. Their information can be found HERE.