Gas prices have fallen for more than a month and the discount at the pump doesn’t show any signs of letting up. Sunday’s pump prices declined for the 32nd consecutive day in Tennessee. During this time, gas prices declined 17 cents in Tennessee. These current streaks of declines are the longest since last fall when prices dropped for 37 straight days beginning in August.
“Gas prices keep moving lower thanks to increased gasoline supply and low oil prices,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices hit their lowest level since early May, making it cheaper to produce gasoline; and refineries have ramped-up gasoline production to levels that continue to satisfy record-high demand.
Compared to this same date last year, gas prices are down 49 cents in Tennessee. Compared to two years ago, pump prices are down $1.39 in Tennessee. The average price in Tennessee this week is down 4-cents from last week to $2.02 per gallon.
In Coffee County the low price is $1.85 in Tullahoma and $1.88 in Manchester.
Gas Prices will continue to Fall
