Motorists headed to the pump are finding the highest gas prices of 2015. The national average price for regular unleaded is $2.62 per gallon, up 59 cents since this year’s low of $2.03 in late January.
“Rising crude oil has pushed gas prices to their highest levels of the year,” said Josh Carrasco, spokesperson, AAA – The Auto Club Group. “Although prices are at their highest level of the year, they are still more than a dollar cheaper than this time last year.”
At $2.60, the national average had the cheapest start to the month of May since 2009. That year, the national average was $2.05. Last year, the average price was $3.69 on May 1.
West Texas Intermediate crude oil closed at $59.15 on Friday, the highest settlement of 2015.
The average price in Tennessee is $2.40 and locally the low price in Manchester is $2.37 and in Tullahoma the low price per gallon is $2.39 as of Tuesday afternoon.