Updated 3/10/20

Giles County gas price average has decreased by five cents this week amid concerns about the coronavirus and crude oil prices hitting a 4-year low.

The county gas price average is now $2.16 which is three cents less than one month ago and 13 cents less than one year ago.

Tennessee is the 10th least expensive market in the nation.

AAA spokesman said for the third week, U.S. gasoline stocks decreased while demand increased. Generally, growing demand amid declining stocks causes increases at the pump, but crude oil prices have dipped to four-year lows, signaling spring could be cheaper at the pump.

The national gas price average is cheaper on the week giving the vast majority of motorist savings at the pump.

Until it appears that the international public health threat from the virus decreases, crude prices are likely to continue facing significant downward pressure.