'Boro Again Has Cheapest Gas In Tennessee

Feb 25, 2019 at 07:21 am by bryan


Gas prices in Tennessee have increased the past 13 consecutive days for an average total of 15 cents per gallon. Here in the 'Boro, some discounters started the week with regular gas going for $2.11 per gallon. That again give Murfreesboro the lowest gas prices in the state.

Tennessee drivers are now paying an average price of $2.19 per gallon for regular unleaded - the highest daily average price so far this year. Sunday's state average is 10 cents more than a week ago, and 13 cents more than this time last month. Regardless of the recent increase, Tennessee drivers are still paying 12 cents per gallon less than this time last year.

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It now costs an average of nearly $33 to fill a 15-gallon tank with gasoline; a discount of nearly $8 compared to when prices were their highest last May.

So far this month, gas prices have averaged $2.08 per gallon - an increase of 7 cents from the monthly average in January. Still, February gas prices have averaged 29 cents less than the monthly average in February 2018.

Click here to view AAA's state and metro gas price averages

  • Most expensive gas price averages: Nashville ($2.24), Jackson ($2.22), Morristown ($2.19)
  • Least expensive gas price averages: Murfreesboro ($2.11), Clarksville-Hopkinsville ($2.15), Johnson City ($2.15), Memphis ($2.15)

"Gas prices rose as predicted last week, due to crude price gains and oil refineries conducting seasonal maintenance," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Gas prices may fluctuate over the next couple weeks, but will mostly follow an upward trend this spring, as demand rises and refineries switch to a more expensive summer-blend gasoline. AAA forecasts the national average should peak at around $2.75 by Memorial Day weekend. That opens the door for an average increase of another 35 cents this spring."

Crude oil has a significant impact on gas prices. About half of what drivers pay at the pump is influenced by the price of crude. Crude prices have risen more than $12 per barrel so far this year. Last week, oil prices steadily climbed. On Friday, the U.S. benchmark, WTI, settled at $57.26 per barrel on the NYMEX - an increase of nearly $2/b compared to the week before. The price of WTI remains nearly $6 per barrel below last year's levels.

Gas Price Tools

CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago 2018 High Record High
National $2.394 $2.392 $2.312 $2.274 $2.518 $2.97 (5/26/2018) $4.11 (7/17/2008)
Tennessee $2.189 $2.186 $2.086 $2.061 $2.312 $2.73 (5/27/2018) $4.12 (9/15/2008)

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