Gasoline prices are beginning to decline as we approach the Independence Day holiday weekend. AAA forecasts the most automobile travelers in seven years. However, motorists are likely to find the most expensive gasoline prices for Independence Day since 2008.
“Market concerns about a supply disruption in Iraq are calming,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The price of oil slipped last week, so motorists should begin to see some relief at the pump. However, the discount may only be a nickel, keeping the average price on Independence Day at its highest level since 2008.”
The highest price for a gallon of regular unleaded gasoline was set on Independence Day 2008. The average price for a gallon of gasoline was $3.93 in Tennessee. The second highest gasoline prices were in 2011, when the average price was $3.36 in Tennessee. The average price for a gallon of gasoline on July 4, 2013 was $3.25 in Tennessee. Right now the national average is $3.68 and in Tennessee the average is $3.46. The low price in Manchester is $3.33 and in Tullahoma the low price per gallon is $3.35.
Holiday Gas Prices Are Highest Since 2008
