TN Gas Prices Hold Steady
Tennessee is the 7th least expensive market in the nation
NASHVILLE, Tenn., (March 3, 2025) — Gas prices continued to fluctuate over last week, however, we are starting the week off with the same gas price average as last week. The Tennessee Gas Price average is now $2.75 which is five cents less expensive than one month ago and 26 cents less than one year ago.
"Last week, the state gas price average rose as high as $2.81, but began declining late last week and ultimately fell to the same price as we saw one week ago," said Megan Cooper, spokeswoman, AAA - The Auto Club Group. "Given the time of year, drivers can likely expect more fluctuation to come for pump prices. The good news, is that Tennessee drivers are seeing pump prices 26 cents cheaper than they were at this time last year."
National Gas Prices
With winter nearly in the rearview, temperatures warmed up while gas prices cooled down. This week, gas prices dropped by five cents, bringing the national average to $3.09 per gallon. Gas prices are expected to remain steady as March arrives and routine seasonal maintenance wraps up.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.23 million b/d last week to 8.45. Total domestic gasoline supply increased from 247.9 million barrels to 248.3, while gasoline production decreased last week, averaging 9.2 million barrels per day.
Today’s national average for a gallon of gas is $3.09, flat as compared to a month ago and 25 cents less than a year ago.
National Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI dropped $0.31 to settle at $68.62 a barrel. The EIA reports that crude oil inventories decreased by 2.3 million barrels from the previous week. At 430.2 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year.
Tennessee Regional Prices
- Most expensive metro markets - Jackson ($2.81), Johnson City ($2.79), Nashville ($2.78)
- Least expensive metro markets - Chattanooga ($2.65), Clarksville ($2.68), Morristown ($2.69)
Tennessee Gas Price Averages
(Price per gallon of regular unleaded gasoline)
 | Monday | Sunday | Week Ago | Month Ago | One Year Ago |
Tennessee | $2.754 | $2.763 | $2.755 | $2.803 | $3.012 |
Chattanooga | $2.653 | $2.680 | $2.622 | $2.729 | $2.964 |
Knoxville | $2.753 | $2.755 | $2.777 | $2.829 | $2.937 |
Memphis | $2.777 | $2.783 | $2.801 | $2.785 | $3.029 |
Nashville | $2.783 | $2.797 | $2.761 | $2.831 | $3.056 |
Click here to view current gasoline price averages | |||||
The Auto Club Group (ACG), named a 2026 Forbes Most Trusted Company in America, is the second-largest AAA club in North America, with more than 13 million members across 14 U.S. states and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, financial services, travel offerings and more. ACG is part of the national AAA federation, which serves more than 66 million members across the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, download the AAA Mobile app, visit AAA.com, and follow us on social media.