Motorists are seeing steady declines at the gas pump. Tennessee gas prices have declined the last 12 consecutive days for a total of seven cents. During the past week, the state average dropped five cents. Sunday’s state average of $2.34 is one cent less than a month ago, and 27 cents more than this time last year.
AAA spokesman Mark Jenkins said gasoline prices declined as forecast, based on significant gains in both oil and gasoline production in the United States. Jenkins said although we may see additional discounts at the pump this week, this downward trend has a limit. AAA expects gas prices will shoot up 20 to 30 cents between March and May, as refineries conduct seasonal maintenance and switch to summer blend gasoline.
The national average price for a gallon of regular unleaded is $2.58.
Gas Prices
Feb 20, 2018 | 6:00 AM