Published: 7/26/2022

THE TENNESSEE GAS PRICE AVERAGE FELL BELOW $4.00 PER GALLON ON FRIDAY FOR THE FIRST TIME SINCE MAY 5. GAS PRICES ACROSS THE STATE FELL, ON AVERAGE, NEARLY 18 CENTS OVER LAST WEEK. THE TENNESSEE GAS PRICE AVERAGE IS NOW $3.93 WHICH IS NEARLY 60 CENTS LESS EXPENSIVE THAN ONE MONTH AGO AND $1.06 MORE THAN ONE YEAR AGO.  TENNESSEE IS NOW IN ITS SIXTH STRAIGHT WEEK FOR DECLINING GAS PRICES AND DRIVERS CAN LIKELY EXPECT PRICES AT THE PUMP TO CONTINUE TO DROP YET AGAIN THIS WEEK. 74% OF TENNESSEE GAS STATIONS NOW HAVE PRICES BELOW $4.00. TENNESSEE IS THE 6TH LEAST EXPENSIVE MARKET IN THE NATION DESPITE OUR STILL HIGH PRICES. LOCALLY, MOST STATIONS ARE HOVERING JUST UNDER $4 PER GALLON. TODAY'S NATIONAL AVERAGE OF $4.35 IS 63 CENTS LESS THAN A MONTH AGO AND $1.20 MORE THAN A YEAR AGO.