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Gas Prices Plunge Pushes 50-Day Streak reports AAAClarksville-Montgomery County has Third Highest Gas Prices in Tennessee
Tennessee gas prices declined for the 49th consecutive day on Sunday, for a total discount of 34 cents. The state average only declined 2 cents last week. That is a stark contrast to previous weeks, where the total decline was 7-10 cents. Highest and Lowest Gas Prices in Tennessee
“The steak of falling prices should come to an end this week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil and wholesale gasoline prices made solid gains last week, after the EIA’s supply report showed high U.S. crude and gasoline exports, and an increase in gasoline demand. Fortunately, U.S. crude production levels appear to be stabilizing after Hurricane Nate caused a reduction, and refinery capacity is now back to pre-Hurricane Harvey levels. “Continued growth in oil inventories will keep a ceiling on oil prices, and prevent gasoline prices from making strong gains. While there could be some volatility, gas prices should follow a mostly downward trend through the rest of the year. However, the discount at the pump is not currently forecast to be much lower than present levels.” Fuel Fundamentals
Highs and Lows of 2017*
Current and Past Price AveragesRegular Unleaded Gasoline
Gas Price Survey MethodologyAAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 120,000 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 GroupThe 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 9.4 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 57.7 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. SectionsNewsTopicsAAA, Bristol TN, Chattanooga TN, Clarksville TN, Crude Oil, Gas Prices, Gulf Coast, Hopkinsville KY, Hurricane Harvey, Hurricane Nate, Johnson City TN, Kingsport TN, Knoxville TN, Mark Jenkins, memphis tn, Nashville TN, NYMEX, Oil Price Information Service, Oil Prices, OPIS, Tennessee, Tennessee Gas Prices, The Auto Club Group, U.S. Oil Production, Wright Express, WTI |
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