(MURFREESBORO) Gas prices in the southeastern U.S. are declining as Americans prepare for the final holiday of the summer travel season. In the 'Boro one discounter started the week at $2.46 per gallon. That is unchanged since last week, and Murfreesboro continues to have the lowest petro prices in the state. Declining demand and rising supplies have allowed prices at the pump to steadily slip lower.
|Labor Day Gas Prices|
"Pump prices are 40-50 cents higher than a year ago, but that spread will be erased by Labor Day," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Holiday travelers will find pump prices at around the same level as last year. In 2017, gas prices spiked before Labor Day, after Hurricane Harvey struck the Gulf Coast. This year, motorists should benefit from a relatively quiet hurricane season along the east coast. Although pump prices may fluctuate with surging holiday demand, AAA does not forecast a significant hike, unless there is an unexpected disruption in supply."
Gas prices in Tennessee declined 2 cents last week. The state average declined for the 23rd consecutive day on Sunday, for a total discount of 6 cents during that time. Sunday's state average of $2.59 is 44 cents more than this time last year.
Tennessee gas prices currently sit just 4 cents above last year's Labor Day average.
Click here to view AAA's state and metro gas price averages
- The most expensive gas price averages in Tennessee are in Jackson ($2.66), Nashville ($2.64), and Memphis ($2.63)
- The least expensive gas price averages in Tennessee are in Murfreesboro ($2.46), Cleveland ($2.50), Chattanooga ($2.52), and Kingsport-Bristol ($2.53)
CURRENT AND PAST PRICE AVERAGES
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