Gasoline Prices Increase During Week

NASHVILLE (November 17) — Average gasoline prices in Tennessee increased 8.8 cents per gallon in the last week, averaging $2.66/g today, according to GasBuddy’s survey of 3,821 stations in Tennessee. Prices in Tennessee are 2.6 cents per gallon lower than a month ago and stand unchanged compared to a year ago. The national average price of diesel has increased 4.1 cents compared to a week ago and stands at $3.769 per gallon.

According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.19/g yesterday while the most expensive was $9.66/g, a difference of $7.47/g. The lowest price in the state yesterday was $2.19/g while the highest was $9.66/g, a difference of $7.47/g.

The national average price of gasoline has fallen 0.4 cents per gallon in the last week, averaging $3.03/g today. The national average is up 1.1 cents per gallon from a month ago and stands 1.1 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Tennessee and the national average going back ten years:
November 17, 2024: $2.66/g (U.S. Average: $3.02/g); November 17, 2023: $2.94/g (U.S. Average: $3.30/g); November 17, 2022: $3.22/g (U.S. Average: $3.72/g); November 17, 2021: $3.09/g (U.S. Average: $3.42/g); November 17, 2020: $1.83/g (U.S. Average: $2.12/g); November 17, 2019: $2.28/g (U.S. Average: $2.61/g); November 17, 2018: $2.40/g (U.S. Average: $2.62/g); November 17, 2017: $2.30/g (U.S. Average: $2.55/g); November 17, 2016: $1.97/g (U.S. Average: $2.15/g); November 17, 2015: $1.96/g (U.S. Average: $2.14/g)

“With oil prices mostly stable near the $60 per barrel level, we’ve seen the national average move very little over the last few weeks. Roughly half of all states saw prices rise in the last week, while the other half saw prices fall,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The West Coast should soon see notable price relief as wholesale prices drop amidst seasonally declining demand. With refinery maintenance nearing completion, we’ll likely see supply improve—and I’m hopeful this will bring the national average solidly below $3 per gallon by Christmas. As for Thanksgiving travel, GasBuddy’s Travel Survey, to be released tomorrow, will highlight some surprising shifts in travel behavior this year.”

SOURCE GasBuddy