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AAA reports Gas Prices continue to decline

 

AAA

AAATampa, FL Motorists are getting some welcome relief from high prices at the pump. The national average price for a gallon of regular unleaded is averaged $2.90 on Sunday, after declining 7 cents since Memorial Day weekend. 

Gas prices in Tennessee declined 3 cents last week. Prices at the pump averaged $2.65 per gallon on Sunday. Since peaking at $2.73 on Memorial Day weekend, prices have declined a total of 8 cents.

Gas Prices should continue to fall in the coming weeks. (AAA)

Gas Prices should continue to fall in the coming weeks. (AAA)

Tennessee’s Highest and Lowest Gas Prices

  • The most expensive gas price averages in Tennessee are in Nashville ($2.70), Jackson ($2.69), and Memphis ($2.66)
  • The least expensive gas price averages in Tennessee are in Cleveland ($2.55), Knoxville ($2.59), and Johnson City ($2.60)

 

Average Summer Gas Prices
  2014 2015 2016 2017 Today
National $3.57 $2.71 $2.23 $2.31 $2.90
Florida $3.50 $2.58 $2.19 $2.25 $2.76
Georgia $3.48 $2.57 $2.11 $2.18 $2.84
Tennessee $3.35 $2.45 $2.03 $2.08 $2.65

 

“Pump prices should sink even lower this week, after wholesale gasoline prices took a dive,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “There is now firm downward pressure on the oil market as it appears increasingly likely that OPEC will agree to ease production cuts. As a result, gas prices are poised for another 5-10 cent drop.”

Click here to view AAA’s state and metro gas price averages

Gas Price Tools

Current and Past Price Averages

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago Highest Price on Record
National $2.898 $2.902 $2.923 $2.902 $2.301 $4.114 (7/17/2008)
Florida $2.756 $2.763 $2.804 $2.822 $2.280 $4.079 (7/17/2008)
Georgia $2.751 $2.756 $2.787 $2.769 $2.165 $4.164 (9/15/2008)
Tennessee $2.645 $2.648 $2.675 $2.657 $2.058 $4.118 (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 9.5 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 58 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. AAA clubs can be visited on the Internet at AAA.com.

 


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