The Tennessee gas price average continues to decrease amid growing concerns about COVID-19 and has dropped 14 cents since this time last week. The Tennessee Gas Price average is now $1.89 which is nearly 34 cents less than one month ago and 54 cents less than one year ago. Some gas stations in Rutherford County are now at $1.61 per gallon as we close out the week (3/23 - 3/27/2020).
Several Local Gas Prices for Murfreesboro, TN:
- Murphy USA at 2435 Billy Blvd, Murfreesboro, TN 37127 is $1.61 per gallon
- Mapco at 1251 S Church St, Murfreesboro, TN 37130 is $1.66 per gallon
- Kroger at 2449 Old Fort Pkwy, Murfreesboro, TN 37130 is $1.66 per gallon
- Dodge's Store at 510 NW Broad St, Murfreesboro, TN 37130 is $1.65 per gallon
Local Gas Prices in Smyrna, TN:
- Thorntons at 300 Sam Ridley Pkwy E, Smyrna, TN 37167 is $1.75 per gallon
- Murphy USA at 584 Enon Springs Rd E, Smyrna, TN 37167 is $1.74 per gallon
- Speedway at 8281 Tridon Dr, Smyrna, TN 37167 is $1.80 per gallon
- Kroger at 463 Sam Ridley Pkwy W, Smyrna, TN 37167 is $1.86 per gallon
LaVergne, TN Gas Prices:
- Tigermart at 104 Fergus Rd, La Vergne, TN 37086 is $1.85 per gallon
- Pilot at 535 Waldron Rd, La Vergne, TN 37086 is $1.76 per gallon
- Mobil at 5183 Murfreesboro Rd, La Vergne, TN 37086 is $1.85 per gallon
"Typically gas prices start to trend more expensive at the beginning of spring, especially as motorists get out to enjoy the warmer weather and travel for spring break. That is not the case this year," said Megan Cooper, spokesperson, AAA - The Auto Club Group. "With Americans urged to stay at home and practice social distancing to slow the spread of coronavirus, we are seeing less traffic on the roadways which will ultimately drive down demand, increase gasoline supply and push pump prices less expensive for the foreseeable future."
- The TN Gas Price Average fell below $2 per gallon last week
- 86% of TN filling stations have sub-$2 gas prices
- TN gas prices have declined for 26 consecutive days for a total discount of nearly 34 cents per gallon
- Eight metro areas have seen double-digit decreases at the pump in the last week
National Gas Prices
With the national average at $2.12, pump prices are, on average, 50-cents less than this time last year. Crude oil is the biggest driver of the less expensive gas prices. In the last week, crude oil prices dropped to $22/bbl - a low not seen since 2002. Crude oil accounts for nearly 60% of the retail pump price. When crude is cheap, gas prices follow suit.
This week's national average ($2.12) is cheaper on the week (-13 cents), month (-35 cents) and year (-50 cents).