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AAA reports Tennessee Gas Prices Hold Steady

 

AAANashville, TN – Tennessee gas prices, on average, increased slightly over last week – only rising nearly two cents. The Tennessee Gas Price average  is now $1.89 which is 20 cents more than one month ago and nearly 46 cents less than one year ago. 

“Demand levels are likely to ebb and flow in the coming weeks as people continue to be cautious about travel,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. As a result, pump prices will likely continue to increase, but at a slower rate through the end of the month.

Tennessee is the 9th least expensive Gas Market in the United States. (AAA)

Tennessee is the 9th least expensive Gas Market in the United States. (AAA)

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AAA says Tennessee Gas Prices Continue to Rise

 

AAANashville, TN – The Tennessee gas price average continues to increase and has risen nearly 8 cents since this time last week. The Tennessee Gas Price average  is now $1.87 which is a quarter higher than one month ago and 50 cents less than one year ago. 

“As Americans drive more, they are re-fueling gasoline demand levels, which is helping to lift pump prices, said Megan Cooper, spokesperson, AAA – The Auto Club Group. “Higher demand will contribute to increasing gas prices in the coming weeks, but they aren’t going to spike to typical summer prices. That’s because demand won’t be sufficient enough to drive down stocks levels. Gasoline stocks sit at a significant surplus of nearly 24 million bbl year-over-year.”

95% of Tennessee gas stations still have prices below $2.00. (AAA)

95% of Tennessee gas stations still have prices below $2.00. (AAA)

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AAA reports Gas Demand Rises, Prices at Pump Climb

 

AAATampa, FL – Americans are filling up at the pump more and more. Since mid-May, gasoline demand has increased 18% to 7.9 million b/d, according to the latest Energy Information Administration (EIA) report.

The slow, but steady rise in demand has pushed the national pump price more expensive by 13% in the same time frame. Today’s national average is $2.10. That is seven cents more on the week, 24 cents more on the month, but 59 cents cheaper on the year.

Prices at the Gas Pump continue to climb with increased demand. (AAA)

Prices at the Gas Pump continue to climb with increased demand. (AAA)

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AAA reports Tennessee Gas Prices rise 8 Cents

 

Clarksville-Montgomery County has the Second Lowest Gas Prices in Tennessee

AAANashville, TN – The Tennessee gas price average jumped eight cents this week – the largest weekly increase the state has seen so far in 2020. 

The Tennessee Gas Price average  is now $1.79 which is nearly 23 cents more than one month ago and nearly 64 cents less than one year ago. 

Tennessee Gas prices continue to rise. (AAA)

Tennessee Gas prices continue to rise. (AAA)

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National Gas Price Average rises close to $2.00 a Gallon

 

AAATampa, FL – The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase.

However, demand is still down nearly 25% compared to last year, according to the Energy Information Administration’s (EIA) latest reports.

National gas price average has increased to $1.97. (AAA)

National gas price average has increased to $1.97. (AAA)

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AAA says Tennessee Gas Prices climb Seven Cents

 

Clarksville has the Third Cheapest Gas Prices in Tennessee

AAANashville, TN – Tennessee motorists paid an average of $1.69 this Memorial Day – a nearly 82 cent discount over last year’s holiday. 

Today’s Tennessee Gas Price average is now $1.70 which is 14 cents more than one month ago and nearly 83 cents less than one year ago. 

79% of Tennessee gas stations have prices below $1.75. (AAA)

79% of Tennessee gas stations have prices below $1.75. (AAA)

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AAA says Motorists to see Cheapest Memorial Day Pump Prices in Nearly Two Decades

 

AAANashville, TN – After breaking a ten week decline last week, Tennessee gas prices continue to inch higher. The Tennessee Gas Price average is now $1.63 which is only a two cent increase over last week and three cents higher than one month ago.

To keep things in perspective, Tennesseans are still experiencing gas prices that are 92 cents cheaper compared to this time last year.  

Tennessee currently the 10th least expensive market in the nation. (AAA)

Tennessee currently the 10th least expensive market in the nation. (AAA)

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AAA says Tennessee Gas Prices Rise for First Time in Nearly 10 Weeks

 

AAANashville, TN – The Tennessee Gas Price average is up this week after declining for nearly 10 consecutive weeks. The state gas price average is now $1.60 which is six cents more expensive than last week, four cents less than one month ago and 98 cents less than one year ago. 

“Tennessee motorists are seeing the first increases at the pump since late February,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “The boost in demand as the state begins its phased reopening is helping to push pump prices higher across the state.”

Gasoline demand increases as state phased reopening begins. (AAA)

Gasoline demand increases as state phased reopening begins. (AAA)

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AAA says Tennessee Gas Prices Likely to Level Out

 

AAANashville, TN – The Tennessee gas price average continues to decline and has dropped two cents since this time last week. The Tennessee Gas Price average  is now $1.54 which is nearly 17 cents less than one month ago and nearly $1.07 less than one year ago. 

“As parts of the state move towards a phased reopening, we expect to see more drivers on Tennessee roadways,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “This will likely cause pump prices to fluctuate and level out over the next week.”

53% of Tennessee filling stations have prices below $1.50. (AAA)

53% of Tennessee filling stations have prices below $1.50. (AAA)

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AAA reports only 12 States have Gas Price Average of $2.00/Gallon or More

 

AAATampa, FL – As gas prices continue to push cheaper across the country, only one dozen states carry an average of $2.00/gallon or more. The national average is $1.77, which is four cents less than last week, 28 cents cheaper than last month and $1.11 less than a year ago.

Crude oil prices were extremely volatile last week, pushing negative for the first time ever, but they did make significant gains to end the week in the positive.

Most states have Gas Price Average below $2.00/Gallon. (AAA)

Most states have Gas Price Average below $2.00/Gallon. (AAA)

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