For the first time in three weeks, the Tennessee gas price average fell below $4.00 per gallon. Gas prices, on average, fell five cents over last week. The Tennessee Gas Price average is now $3.97 which is 30 cents more expensive than one month ago and $1.28 more than one year ago.
“Gas prices across Tennessee are drifting lower thanks to declining crude oil prices. About 75% of gas stations across the state have prices below $4.00 per gallon,” said Megan Cooper, spokeswoman, AAA – The Auto Club Group. “The oil market is seeing stronger downward pressure from the planned release of oil from the U.S. Strategic Petroleum Reserve in an effort to ease global supply concerns.”
Quick Facts
- 75% of Tennessee gas stations have prices below $4.00
- The lowest 10% of pump prices are $3.73 for regular unleaded
- The highest 10% of pump prices are $4.22 for regular unleaded
National Gas Prices
President Biden’s decision to release one million barrels of oil per day for six months (180 million barrels) from the Strategic Petroleum Reserve (SPR) helped send the global oil price tumbling to near $100 bbl. The release is intended to stem rising energy prices. The national average for a gallon of gas has fallen to $4.18
Today’s national average for a gallon of gas is $4.18, which is six cents less than a week ago, 35 cents more than a month ago, and $1.31 more than a year ago.
Drivers can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad, and Android. The app can also map a route, find discounts, book a hotel, and access AAA roadside assistance. Learn more at AAA.com/mobile.
Tennessee Regional Prices
- Most expensive metro markets – Knoxville ($4.05), Morristown ($4.02), Nashville ($3.99)
- Least expensive metro markets – Kingsport ($3.89), Johnson City ($3.92), Clarksville ($3.92)
(Price per gallon of regular unleaded gasoline)
Ways to Save on Gasoline
- Combine errands to limit driving time.
- Shop around for the best gas prices in your community.
- Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
- Remove excess weight in your vehicle.
- Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.
- Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fill up at Shell. Click here for more information.