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. The lowest price of gasoline in Coffee County is $1.79 per gallon of regular unleaded.
“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.”
Quick Facts
– 95% of Tennessee gas stations still have prices below $2.00
– The lowest 10% of pump prices are $1.71 for regular unleaded
– The highest 10% of pump prices are $2.11 for regular unleaded
– Tennessee is the 10th least expensive market in the nation
