Gas Prices Decline in State

TENNESSEE (October 13) — Average gasoline prices in Tennessee have fallen 6.2 cents per gallon in the last week, averaging $2.67/g today, according to GasBuddy’s survey of 3,821 stations in Tennessee. Prices in Tennessee are 8.7 cents per gallon lower than a month ago and stand 17.0 cents per gallon lower than a year ago. The national average price of diesel has decreased 3.5 cents compared to a week ago and stands at $3.628 per gallon.

According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.25/g yesterday while the most expensive was $3.69/g, a difference of $1.44/g. The lowest price in the state yesterday was $2.25/g while the highest was $3.69/g, a difference of $1.44/g.

The national average price of gasoline has fallen 6.4 cents per gallon in the last week, averaging $3.02/g today. The national average is down 13.7 cents per gallon from a month ago and stands 14.4 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 13, 2024: $2.84/g (U.S. Average: $3.16/g)

October 13, 2023: $3.15/g (U.S. Average: $3.58/g)

October 13, 2022: $3.38/g (U.S. Average: $3.92/g)

October 13, 2021: $3.00/g (U.S. Average: $3.29/g)

October 13, 2020: $1.92/g (U.S. Average: $2.17/g)

October 13, 2019: $2.33/g (U.S. Average: $2.63/g)

October 13, 2018: $2.67/g (U.S. Average: $2.89/g)

October 13, 2017: $2.29/g (U.S. Average: $2.47/g)

October 13, 2016: $2.11/g (U.S. Average: $2.25/g)

October 13, 2015: $2.02/g (U.S. Average: $2.30/g)

Neighboring areas and their current gas prices:

Chattanooga- $2.60/g, down 8.4 cents per gallon from last week’s $2.68/g.

Nashville- $2.72/g, down 8.8 cents per gallon from last week’s $2.81/g.

Huntsville- $2.67/g, down 0.4 cents per gallon from last week’s $2.67/g.

“Americans appear to be on the cusp of seeing the national average drop below $3 per gallon for the first time in years, as prices have fallen across the vast majority of the country,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With well over 40 states seeing gas prices decline and oil plunging below $60 per barrel to end the week, the good news may not end if — and when — the national average hits that magical $2.99 mark. We could even see a handful of stations in places like Oklahoma, Texas, or even Wisconsin drop below $2 per gallon in the weeks ahead — something not seen since the pandemic. In addition, with wages up and gas prices down, Americans are spending the smallest share of their paycheck on gasoline in many years.”

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.

SOURCE: GasBuddy