Tennessee Average Slides One Cent From Last Week
Tennessee metro prices down slightly or stable
The Tennessee Gas Price average is $2.77 holding fairly steady at just one cent more than this time last week. None of the metro city averages moved more than three cents over the last week. Looking back, the Tennessee average is two cents less than a month ago and 29 cents less than a year ago.
"Tennessee gas prices are holding steady for anyone planning a last minute road trip before school begins," said Stephanie Milani, spokesperson for AAA -- The Auto Club Group. "As parents look toward the start of another school year, prices will likely fluctuate little through the end of summer barring any crude oil price swings."
National Gas Prices
The national average for a gallon of regular is $3.14, the same as last week. The summer of lower gas prices continues thanks to crude oil prices averaging around $65 a barrel. Pump prices so far in 2025 haven’t had any major spikes or dips compared to other recent years.
National Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI fell 6 cents to settle at $65.25 a barrel. The EIA reports crude oil inventories decreased by 3.2 million barrels from the previous week. At 419 million barrels, U.S. crude oil inventories are about 9% below the five-year average for this time of year.
Tennessee Gas Price Averages
(Price per gallon of regular unleaded gasoline)
 | Monday | Sunday | Week Ago | Month Ago | One Year Ago |
Tennessee | $2.77 | $2.78 | $2.76 | $2.79 | $3.06 |
Chattanooga | $2.70 | $2.72 | $2.68 | $2.69 | $2.97 |
Knoxville | $2.74 | $2.74 | $2.74 | $2.78 | $3.02 |
Memphis | $2.82 | $2.81 | $2.82 | $2.84 | $3.07 |
Nashville | $2.82 | $2.83 | $2.79 | $2.80 | $3.10 |
Click here to view current gasoline price averages | |||||
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
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