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.
Average price in Coffee County is $1.67 per gallon of regular unleaded as of noon Monday.
“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.”
Quick Facts
· 33% of TN filling stations have sub-$1.50 gas prices
· Tennessee is the 9th least expensive market in the nation
· Tennessee gas prices declined for 69 consecutive days for a total discount of 70 cents per gallon
· The lowest 10% of pump prices are $1.37 for regular unleaded
· The highest 10% of pump prices are $1.94 for regular unleaded
National Gas Prices
The national gas price average is six cents more expensive on the week at $1.84, but still cheaper on the month and year – three cents and $1.02 less, respectively. Regardless of the national increase, 40 states still have averages of $2.00 or less per gallon.
The Energy Information Administration’s (EIA) latest data report showed demand for gasoline increased by 800,000 b/d to 6.7 million b/d last week, which is 3.2 million b/d less than last year at this time. Gas demand is expected to continue to grow, leading pump prices to continue their increase.
Does your pharmacy value you as a customer?
Don’t be treated like a number at your pharmacy – be treated like the valued customer that you are. If you are waiting for hours, treated poorly and don’t feel valued, you should give Southland Pharmacy in Manchester a chance. They are locally owned and operated, can deliver to your home or business and will text or call when your orders are ready.