Gasoline Prices Rise Slightly During Week

TENNESSEE (November 3) — Average gasoline prices in Tennessee have risen 1.3 cents per gallon in the last week, averaging $2.59/g today, according to GasBuddy's survey of 3,821 stations in Tennessee. Prices in Tennessee are 15.9 cents per gallon lower than a month ago and stand 8.6 cents per gallon lower than a year ago. The national average price of diesel has increased 2.5 cents compared to a week ago and stands at $3.663 per gallon.

According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.09/g yesterday while the most expensive was $3.89/g, a difference of $1.80/g. The lowest price in the state yesterday was $2.09/g while the highest was $3.89/g, a difference of $1.80/g.

The national average price of gasoline has decreased by 1.4 cents per gallon over the last week, currently averaging $ 2.99 per gallon today. The national average is down 14.8 cents per gallon from the previous month. It stands 6.6 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:

November 3, 2024: $2.68/g (U.S. Average: $3.05/g)

November 3, 2023: $3.02/g (U.S. Average: $3.40/g)

November 3, 2022: $3.27/g (U.S. Average: $3.77/g)

November 3, 2021: $3.13/g (U.S. Average: $3.40/g)

November 3, 2020: $1.82/g (U.S. Average: $2.10/g)

November 3, 2019: $2.28/g (U.S. Average: $2.60/g)

November 3, 2018: $2.53/g (U.S. Average: $2.75/g)

November 3, 2017: $2.26/g (U.S. Average: $2.52/g)

November 3, 2016: $2.05/g (U.S. Average: $2.22/g)

November 3, 2015: $1.93/g (U.S. Average: $2.19/g)

“The national average once again briefly dipped below the $3 per gallon mark, but the drop will be short-lived,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Gas prices are likely to rebound soon in the Great Lakes states due to ongoing refinery challenges, while a new snag at a California refinery may slow the pace of declines on the West Coast. To top it off, OPEC+ announced another boost to oil production for December over the weekend, though they also signaled a pause in further increases from January through March. For now, expect the national average to hover in the low-$3 range, potentially drifting lower once refinery issues are resolved.”

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