Latest News -

Thu, Dec 18, 2014

Gas prices continue to fall in Tennessee

Comment   Email   Print

Average retail gasoline prices in Tennessee have fallen 4.9 cents per gallon in the past week, averaging $3.16 per gallon Sunday.

This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.46/g, according to gasoline price website TennesseeGasPrices.com.

Including the change in gas prices in Tennessee during the past week, prices yesterday were 7.7 cents per gallon lower than the same day one year ago and are 38.6 cents per gallon lower than a month ago. The national average has decreased 32.6 cents per gallon during the last month and stands 3.1 cents per gallon higher than this day one year ago.

"The national average has again decreased in the last week, but the decreases are beginning to slow down," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Wholesale gasoline prices rose strongly on Friday which could send prices higher in states with among the lowest prices in the United States. The fuel tightness has also continued in NYC- for those in Sandy's wake, fuel availability remains difficult, and is the reason GasBuddy has implemented an emergency fuel availability service," DeHaan said. The Hurricane Sandy fuel availability site can be found here.

GasBuddy operates TennesseeGasPrices.com and more than 250 similar websites that track gasoline prices at more than 140,000 gasoline stations in the United States and Canada.

Read more from:
Business
Tags: 
Economy, Fuel, Gas Buddy, Gas Prices, Tennessee
Share: 
Comment   Email   Print
Powered by Bondware
News Publishing Software