Gas prices fall two cents in Tennessee

Tennessee gas prices have fallen 2 cents per gallon in the past week, averaging $1.81 per gallon today, according to GasBuddy's daily survey of 3,821 stations.

Gas prices in Tennessee are 7.1 cents per gallon lower than a month ago and stand 46.1 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Tennessee is priced at $1.53 per gallon today while the most expensive is $2.59 per gallon, a difference of $1.06 per gallon.

The national average price of gasoline has fallen 1.5 cents per gallon in the last week, averaging $2.10 per gallon today. The national average is down 5 cents per gallon from a month ago and stands 49.6 cents per gallon lower than a year ago.

Around the southeast, Chattanooga experienced a 2.7-cent decrease to $1.72 per gallon, down from last week’s $1.74 per gallon. Nashville’s prices are down almost a penny at 0.9 cents, to $1.86 per gallon from last week’s $1.87 per gallon. Finally, in Huntsville, Alabama, the price of $1.83 per gallon is unchanged from last week.

"With Thanksgiving nearly upon us and fewer Americans hitting the road, gas prices have seen some downward movement over the last week, even as oil prices hold near recent highs," said Patrick De Haan, head of petroleum analysis for GasBuddy. "We may end up seeing the lowest Thanksgiving prices in five years if prices continue to trend lower this week, a sign of how the coronavirus has sapped demand for the majority of the year.”