Tennessee is the 7th least expensive market in the nation
Nashville, TN – Gas prices fell four cents, on average, over last week. The state average on Thanksgiving Day was $2.63 per gallon – the cheapest since 2020. The Tennessee Gas Price average is now $2.60, which is four cents less expensive than one month ago and six cents less than one year ago.
“Tennessee drivers saw a nice break in gas prices over the holiday weekend. Pump prices were five cents cheaper than last year’s holiday, and the cheapest Thanksgiving prices in five years,” said Megan Cooper, spokeswoman for AAA – The Auto Club Group.
“As we head into the rest of the holiday season, it’s likely that lower crude oil pricing alongside seasonally low gasoline demand will help to keep gas prices low,” Cooper stated.
National Gas Prices
On Sunday, the national gas price average fell to $3.00 a gallon for the first time in four years. The last time the national average hit $3.00 a gallon was on May 12, 2021. Low crude oil prices and sluggish gasoline demand are contributing to the drop in gas prices.
Tennessee Regional Prices
- Most expensive metro markets – Jackson ($2.66), Nashville ($2.65), Memphis ($2.64)
- Least expensive metro markets – Chattanooga ($2.51), Clarksville ($2.51), Morristown ($2.55)
Tennessee Gas Price Averages
(Price per gallon of regular unleaded gasoline)
 |
Monday | Sunday | Week Ago | Month Ago | One Year Ago |
| Tennessee | $2.607 | $2.615 | $2.643 | $2.642 | $2.668 |
| Chattanooga | $2.512 | $2.526 | $2.563 | $2.600 | $2.575 |
| Knoxville | $2.584 | $2.591 | $2.636 | $2.611 | $2.639 |
| Memphis | $2.641 | $2.642 | $2.675 | $2.634 | $2.735 |
| Nashville | $2.651 | $2.662 | $2.678 | $2.716 | $2.685 |
| 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 AAA – The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, financial services, travel offerings and more.
ACG belongs to the national AAA federation with more than 65 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety.
For more information, get the AAA Mobile app, visit AAA.com, and follow us on social media.
