Published: 7/19/2022 - ARK - AAA


THE DOWNWARD TREND AT THE GAS PUMP CONTINUES AS TENNESSEE IS HEADED INTO ITS FIFTH STRAIGHT WEEK OF DECLINES. GAS PRICES FELL, ON AVERAGE, 18 CENTS OVER LAST WEEK - THE BIGGEST WEEKLY DECLINE SO FAR THIS YEAR. THE TENNESSEE GAS PRICE AVERAGE IS NOW $4.10 WHICH IS 50 CENTS LESS EXPENSIVE THAN ONE MONTH AGO AND $1.22 MORE THAN ONE YEAR AGO.  PRICES HAVEN’T BEEN THIS LOW IN 10 WEEKS AND ARE LIKELY TO CONTINUE FALLING OVER THE NEXT WEEK. THE LOWEST TENNESSEE PROCESS ARE NOW HOVERING AROUND $3.74, THOUGH A LITTLE HIGHER LOCALLY. TENNESSEE IS THE 7TH LEAST EXPENSIVE MARKET IN THE NATION WITH THE NATIONAL AVERAGE OF GAS BEING $4.52.