Tennessee average gas prices drop 7.4 cents since last week

Average gasoline prices in Tennessee have fallen 7.4 cents per gallon in the last week, averaging $2.58/g today, according to GasBuddy’s survey of 3,821 stations in Tennessee. Prices in Tennessee are 11.6 cents per gallon lower than a month ago and stand 17.5 cents per gallon lower than a year ago. The national average price of diesel has increased 4.7 cents compared to a week ago and stands at $3.638 per gallon.

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According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.19/g yesterday while the most expensive was $3.69/g, a difference of $1.50/g. The lowest price in the state yesterday was $2.19/g while the highest was $3.69/g, a difference of $1.50/g.

The national average price of gasoline has risen 2.5 cents per gallon in the last week, averaging $3.00/g today. The national average is down 10.8 cents per gallon from a month ago and stands 7.4 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Tennessee and the national average going back ten years:
October 27, 2024: $2.75/g (U.S. Average: $3.07/g)
October 27, 2023: $3.11/g (U.S. Average: $3.47/g)
October 27, 2022: $3.32/g (U.S. Average: $3.75/g)
October 27, 2021: $3.14/g (U.S. Average: $3.39/g)
October 27, 2020: $1.87/g (U.S. Average: $2.14/g)
October 27, 2019: $2.29/g (U.S. Average: $2.58/g)
October 27, 2018: $2.58/g (U.S. Average: $2.81/g)
October 27, 2017: $2.23/g (U.S. Average: $2.46/g)
October 27, 2016: $2.05/g (U.S. Average: $2.22/g)
October 27, 2015: $1.94/g (U.S. Average: $2.19/g)

Neighboring areas and their current gas prices:
Chattanooga- $2.49/g, down 12.4 cents per gallon from last week’s $2.61/g.
Nashville- $2.66/g, down 6.9 cents per gallon from last week’s $2.73/g.
Huntsville- $2.61/g, down 4.5 cents per gallon from last week’s $2.65/g.

“The national average saw a slight rise over the last week, as gas prices surged in parts of the Midwest after a refinery fire pushed wholesale gasoline prices sharply higher in the region,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the spike in prices in affected areas was significant, relief is likely in the weeks ahead as the situation stabilizes. For now, the possibility of a U.S.-China trade deal could lift oil prices on optimism that it would increase trade and reduce tariffs—potentially keeping the national average slightly above the $3-per-gallon mark for a couple more weeks before slipping back below $3 ahead of Thanksgiving.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy’s averages, graphs, maps and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.

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