Gas prices are likely to fall even lower this week, due to the falling price of oil. Crude prices declined $3.60 last week, which could lead to a decline of about 9 cents at the pump.
“A global glut in oil keeps pushing oil prices lower, which makes it cheaper to produce gasoline,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Unfortunately, gas prices could eventually rise about 50 cents between February and May as gas supplies tighten due to seasonal refinery maintenance.”
The average price in Tennessee is $1.73 – 2 cents lower than last week, and 25 cents lower than this time last year.
In the Coffee County this week Tullahoma has the low price of $1.61 and in Manchester the low price per gallon is a $1.63.
Gas Prices will Continue to Drop through the end of January
