Tennessee Average Holding Steady
NASHVILLE, Tenn., (October 14, 2019) — Tennessee Gas Prices are holding steady. Today’s average is $2.35, which is the same as yesterday, but half a cent higher than last week’s average. Compared to last month, the average is 7 cents higher but 43 cents lower than this time last year.
The national average price for regular unleaded gasoline is $2.64 per gallon, which is one cent less than a week ago, seven cents more than a month ago, and a quarter less than a year ago.
"With fall driving season underway, demand in the U.S. is falling allowing prices at the pump to decline," said Stephanie Milani, Public Affairs Director, AAA-- The Auto Club Group. "This gradual decline of gas prices is typical for this time of the year. We could continue to see prices fall through the end of this year.
At the close of Friday’s formal trading session on the NYMEX, WTI increased by $1.15 to settle at $54.70. Crude prices increased after an Iranian oil tanker was struck on Friday. The incident adds to concerns that increased tension in the Middle East could lead to a disruption in global crude supply.
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
|Monday||Sunday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.636||$2.636||$2.653||$2.567||$2.893||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Tennessee||$2.351||$2.352||$2.345||$2.278||$2.678||$2.73 (5/27/2018)||$4.12 (9/15/2008)|
|Click here to view current gasoline price averages|
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.