(AAA/Peg Broadcasting News)
For the first time this year, the Tennessee Gas Price Average decreased week over week – falling 2 cents over the last week. The Tennessee Gas Price average is now $2.67 which is nearly 17 cents more than one month ago and 89 cents more than one year ago. At $2.86, the national average has decreased week-over-week for the first time since November of last year. Monday’s average is two cents cheaper on the week, however, the national gas price average is 15 cents more expensive on the month and 84 cents more expensive on the year. Those gaps, as well as stock levels and demand readings, are likely to widen in coming weeks as this time last year gas prices and related factors started to take a sharp turn due to the pandemic.