Gasoline Prices Increase During the Week
From the Feb 24, 2026 e-EditionTENNESSEE (February 23) — Average gasoline prices in Tennessee increased 3.0 cents per gallon in the last week, averaging $2.52/g today, according to GasBuddy's survey of 3,821 stations in Tennessee. Prices in Tennessee are 1 cent per gallon higher than a month ago and stand 17.0 cents per gallon lower than a year ago. The national average price of diesel has increased 6.2 cents compared to a week ago and stands at $3.686 per gallon.
According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.18/g yesterday while the most expensive was $3.39/g, a difference of $1.21/g. The lowest price in the state yesterday was $2.18/g while the highest was $3.39/g, a difference of $1.21/g.
The national average price of gasoline has risen 1.2 cents per gallon in the last week, averaging $2.88/g today. The national average is up 2.8 cents per gallon from a month ago and stands 19.5 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 five years:
February 23, 2025: $2.69/g (U.S. Average: $3.08/g)
February 23, 2024: $2.93/g (U.S. Average: $3.27/g)
February 23, 2023: $3.03/g (U.S. Average: $3.35/g)
February 23, 2022: $3.28/g (U.S. Average: $3.55/g)
February 23, 2021: $2.40/g (U.S. Average: $2.65/g)
“Average gasoline prices continue to drift higher as crude oil trades near its highest level since last summer, driven by mounting geopolitical risk premiums tied to escalating tensions between the United States and Iran,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While there has been no direct disruption to energy infrastructure, markets are increasingly pricing in the possibility of a broader exchange that could threaten supply flows. Beyond geopolitics, we’re also seeing localized supply constraints, including refinery outages and disruptions along the Olympic Pipeline, which have amplified price pressures in the Pacific Northwest. These developments are unlikely to be isolated, as planned refinery maintenance is set to intensify in the weeks ahead. As seasonal supply tightens, the national average is increasingly likely to retest the $3-per-gallon threshold.”
GasBuddy®, a PDI Technologies company, is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years. With over 100 million app downloads, GasBuddy delivers real-time prices at 150,000+ stations and tangible savings through Pay with GasBuddy+™. It is the most authoritative source of station-level fuel pricing data, updating averages 288 times daily from the broadest mix of inputs — spotter reports, direct station integrations, and transactional data.
SOURCE GasBuddy
In the e-Edition
McKenzie Banner February 24, 2026
Feb 24, 2026 · Read the full issue →
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