Tennessee gas prices are trending slightly higher this week, increasing three cents, on average. The Tennessee Gas Price average is now $3.10 which is five cents less expensive than one month ago and $1.20 less than one year ago.
“Gas prices are trending higher after the Fourth of July holiday, likely due to higher demand alongside decreasing supply,” said Megan Cooper, spokeswoman for AAA – The Auto Club Group. “The good news is that oil prices still remain low. Unless that changes this week, the upward pressure on gas prices could possibly ease fairly soon.”
Quick Facts
- 34% of Tennessee gas stations have prices below $3.00
- The lowest 10% of pump prices are $2.84 for regular unleaded
- The highest 10% of pump prices are $3.46 for regular unleaded
- Tennessee is the 5th least expensive market in the nation