Tennessee is the 7th least Expensive Market in the Nation
Nashville, TN – For the first time in over ten weeks, the Tennessee gas price average held steady week-over-week, with today’s state average the same as one week ago.
The Tennessee Gas Price average is now $3.44 which is 39 cents less expensive than one month ago and 59 cents more than one year ago.
Tennessee’s 72-day streak of gas price declines began in mid-June when the state average fell from its all-time high of $4.64 per gallon down to $3.43 last Wednesday.
“Since this isn’t a significant oil price hike, it’s likely that gas price increases could be minimal, barring any additional gains in the fuel market this week. As we move into peak hurricane season, a major storm could also contribute to fluctuations in pump prices, especially if it threatens refineries along the Texas, Louisiana or Mississippi coast lines, Cooper stated.”
Quick Facts
- 80% of Tennessee gas stations have prices below $3.50
- The lowest 10% of pump prices are $3.22 for regular unleaded
- The highest 10% of pump prices are $3.81 for regular unleaded
- Tennessee fell to the 7th least expensive market in the nation
Tennessee Regional Prices
- Most expensive metro markets – Morristown ($3.57), Memphis ($3.53), Knoxville ($3.51)
- Least expensive metro markets – Clarksville ($3.31), Chattanooga ($3.34), Johnson City ($3.38)
Tennessee Gas Price Averages
(Price per gallon of regular unleaded gasoline)
 |
Monday |
Sunday |
Week Ago |
Month Ago |
One Year Ago |
|
Tennessee |
$3.444 |
$3.449 |
$3.443 |
$3.838 |
$2.850 |
|
Chattanooga |
$3.343 |
$3.359 |
$3.311 |
$3.738 |
$2.787 |
|
Knoxville |
$3.516 |
$3.524 |
$3.590 |
$4.049 |
$2.842 |
|
Memphis |
$3.530 |
$3.527 |
$3.547 |
$3.938 |
$2.923 |
|
Nashville |
$3.428 |
$3.432 |
$3.360 |
$3.751 |
$2.874 |
|
Click here to view current gasoline price averages |
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