Tennessee Gas Prices Dip Slightly, Remain Below Last Year’s Levels

Tennessee drivers are paying an average of $2.74 per gallon of regular unleaded this week. That’s down three cents from last week, two cents from last month, and nearly 30 cents less than a year ago.

Gas prices across the state have remained in the $2.70 range for more than a month, with only small week-to-week changes. Nationally, the average price is $3.13, unchanged from last week.

Crude oil is trading at $62.65 per barrel, and U.S. inventories are up slightly, though still below the five-year seasonal average.

Here’s a look at local averages: Chattanooga $2.67, Knoxville $2.72, Memphis $2.79, and Nashville $2.79.