Gas prices are averaging $2.27 cents in Tennessee. Despite the recent downward trend, the state average remains 13 cents higher than pre-Hurricane Harvey levels. Here in the 'Boro, one discounter started the week with regular gas at $2.11 per gallon, and several were $2.15. The metro areas with the largest weekly discounts in the state were in Cleveland (-10 cents), Chattanooga (-9 cents), and Kingsport-Bristol (-5 cents).
- The most expensive gas price averages in Tennessee are in Nashville ($2.38), Clarksville-Hopkinsville ($2.30), and Memphis ($2.27)
- The least expensive gas price averages in Tennessee are in Chattanooga ($2.16), Knoxville ($2.22), and Johnson City-Kingsport-Bristol ($2.22), Murfreesboro ($2.11).
Gasoline stocks continue to rise across the nation, as weekly demand declined by 3.6 percent during the week ending October 13, according to the latest report from the Energy Information Administration. Meanwhile, oil prices gained almost a dollar last week after the EIA reported a 5.7 million barrel decline in oil supply and a 1 million barrel drop in production.
"Motorists should expect another round of discounts at the pump this week," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Gasoline futures and wholesale prices gained some strength last week, but not enough to stop the pump price plunge. Retail prices remain about 5-10 cents higher than where they should be, based on current fundamentals."
Gas Price Tools for Reporters/Consumers
- GasPrices.AAA.com - Daily national, state, and metro gas price averages.
- AAA Mobile app - Free app that shows current prices at a gas station near you.
CURRENT AND PAST PRICE AVERAGES
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