The price of gasoline tumbled lower last week as it continues to adjust to increased supplies and low oil prices. The average price of gasoline was $2.19 on Sunday, a 2 cent decline from last week.
“Prices should remain low through the holiday season,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The national average could dip well below $2 a gallon by Christmas as long as oil prices remain low and there are no interruptions in gasoline supply.”
For the entire month of October, gas prices averaged $2.26 nationally and $1.99 in Tennessee. Overall, October pump prices shifted lower by an average of 11 cents nationwide and 6 cents in Tennessee.
The current average price in Tennessee is $1.93. In Coffee County the low price per gallon in Manchester is a $1.76 and in Tullahoma it’s $1.79.