Tennessee motorists will soon find some of the most expensive gas prices in five months. Tennessee's state average of $2.41 is tied with this year's high - set in February - and the highest price since October. Here in the 'Boro, discounters dropped prices 6-cents to again give local motorists the least expensive gas in the Volunteer State. Some discounters started the week with regular gas at $2.19 per gallon.
- The most expensive gas price averages in Tennessee are in Morristown ($2.45), Nashville ($2.44), and Knoxville ($2.44)
- The least expensive gas price averages in Tennessee are in Murfreesboro ($2.19), Chattanooga ($2.32), Cleveland ($2.35), and Memphis ($2.36)
"Gasoline demand has been very strong the past few weeks, as Americans travel for spring break," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "This robust gasoline demand, coupled with lower supply levels, are setting the stage for rising prices in the coming weeks."
- Crude oil prices rose $3.82 per barrel last week. Friday's settlement of $65.88 is the highest daily settlement since January 26.
- Gasoline futures prices rose 11 cents last week. exceeding $2 for the first time since Hurricane Harvey struck the Texas coast last August.
- Wholesale gasoline prices rose 9 cents last week, returning to levels not seen since January.
Average Gas Price in March | |||||
2014 | 2015 | 2016 | 2017 | 2018 | |
National | $3.51 | $2.43 | $1.93 | $2.30 | $2.55 |
Florida | $3.53 | $2.46 | $1.96 | $2.29 | $2.53 |
Georgia | $3.35 | $2.26 | $1.87 | $2.18 | $2.43 |
Tennessee | $3.26 | $2.18 | $1.75 | $2.05 | $2.33 |
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.
Highs and Lows of 2018
- National: the highest average price for gasoline was $2.67 on February 6; the lowest was $2.49 on January 3.
- Florida: the highest average price in was $2.68 on February 8; the lowest was $2.44 on January 2.
- Georgia: the highest average price is $2.50; the lowest was $2.35 on January 2.
- Tennessee: the highest average price was $2.41 on February 7; the lowest was $2.26 on January 1.
CURRENT AND PAST PRICE AVERAGES
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | Highest Price on Record | |
National | $2.607 | $2.602 | $2.542 | $2.518 | $2.286 | $4.114 (7/17/2008) |
Florida | $2.545 | $2.542 | $2.531 | $2.523 | $2.296 | $4.079 (7/17/2008) |
Georgia | $2.500 | $2.496 | $2.444 | $2.381 | $2.160 | $4.164 (9/15/2008) |
Tennessee | $2.408 | $2.402 | $2.342 | $2.310 | $2.040 | $4.118 (9/15/2008) |