Tennessee average gas prices hold steady at $2.73/g
PRESS RELEASE FROM GASBUDDY:
Average gasoline prices in Tennessee are unchanged in the last week, averaging $2.73/g today, according to GasBuddy’s survey of 3,821 stations in Tennessee. Prices in Tennessee are 2.8 cents per gallon lower than a month ago and stand 40.3 cents per gallon lower than a year ago. The national average price of diesel has decreased 3.2 cents in the last week and stands at $3.476 per gallon.
According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.26/g yesterday while the most expensive was $5.11/g, a difference of $2.85/g. The lowest price in the state yesterday was $2.26/g while the highest was $5.11/g, a difference of $2.85/g.
The national average price of gasoline is unchanged in the last week, averaging $3.13/g today. The national average is up 3.1 cents per gallon from a month ago and stands 43.0 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:
May 27, 2024: $3.13/g (U.S. Average: $3.56/g)
May 27, 2023: $3.17/g (U.S. Average: $3.55/g)
May 27, 2022: $4.26/g (U.S. Average: $4.60/g)
May 27, 2021: $2.85/g (U.S. Average: $3.04/g)
May 27, 2020: $1.68/g (U.S. Average: $1.97/g)
May 27, 2019: $2.50/g (U.S. Average: $2.82/g)
May 27, 2018: $2.72/g (U.S. Average: $2.97/g)
May 27, 2017: $2.10/g (U.S. Average: $2.37/g)
May 27, 2016: $2.15/g (U.S. Average: $2.32/g)
May 27, 2015: $2.47/g (U.S. Average: $2.74/g)
Neighboring areas and their current gas prices:
Chattanooga- $2.69/g, unchanged from last week’s $2.69/g.
Nashville- $2.84/g, unchanged from last week’s $2.84/g.
Huntsville- $2.67/g, unchanged from last week’s $2.67/g.
“While the national average didn’t fall quite as far as anticipated for Memorial Day, it was still one of the most affordable since 2021— and, when adjusted for inflation, among the cheapest in nearly a decade,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “As we move into the heart of summer, I believe we’re likely to see a relatively stable stretch for gas prices as refinery maintenance wraps up. Don’t expect the national average to rise above $3.30 per gallon, nor drop much below $3 for now. While refining issues on the West Coast are beginning to ease, several factors could still influence prices in the weeks ahead—including growing uncertainty around the upcoming hurricane season.”
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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