TN Gas Prices Hold Steady Ahead of Memorial Day
Tennessee moves to the second least expensive market in the nation
Note: Due to next Monday's holiday, the weekly gas price brief will take a break next week and will return on Monday, June 2nd.
NASHVILLE, Tenn., (May 19, 2025) — Gas prices across the state held steady for the second week in a row. The Tennessee Gas Price average remains $2.72 which is three cents more expensive than one month ago but 44 cents less than one year ago.
"As we head into the holiday weekend, there's the chance that gas prices may begin to fluctuate due to the expected increase in gasoline demand," said Megan Cooper, spokeswoman, AAA - The Auto Club Group. "However, even if prices do fluctuate higher, drivers should still spend significantly less at the pump for their holiday road trips this year compared to last."
National Gas Prices
Gas prices are slowly creeping back up just in time for the busy summer driving season. The national average for a gallon of regular is up 4 cents from last week, as the price of crude oil rises and demand goes up. Typically, the seasonal increase in gas prices starts earlier in the spring, but lower crude oil prices so far this year have kept that from happening. Now, we’re starting to settle in a more typical pattern. Despite the upward trend, drivers are paying about 40 cents less compared to last year, which is good news for the record 39.4 million Americans expected to take road trips over Memorial Day weekend.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.71 million b/d last week to 8.79. Total domestic gasoline supply decreased from 225.7 million barrels to 224.7. Gasoline production decreased last week, averaging 9.4 million barrels per day.
National Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI fell 52 cents to settle at $63.15 a barrel. The EIA reports that crude oil inventories increased by 4 million barrels from the previous week. At 441.8 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
Tennessee Regional Prices
- Most expensive metro markets - Jackson ($2.78), Nashville ($2.77), Johnson City ($2.75)
- Least expensive metro markets - Cleveland ($2.59), Chattanooga ($2.64), Clarksville ($2.65)
Tennessee Gas Price Averages
(Price per gallon of regular unleaded gasoline)
 | Monday | Sunday | Week Ago | Month Ago | One Year Ago |
Tennessee | $2.721 | $2.709 | $2.724 | $2.693 | $3.164 |
Chattanooga | $2.644 | $2.626 | $2.679 | $2.581 | $3.016 |
Knoxville | $2.707 | $2.708 | $2.686 | $2.718 | $3.199 |
Memphis | $2.755 | $2.748 | $2.742 | $2.755 | $3.197 |
Nashville | $2.776 | $2.745 | $2.794 | $2.689 | $3.161 |
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.
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 14 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. Its mission is to protect and advance freedom of mobility and improve traffic safety. Morning Consult recently ranked AAA Insurance as America's most trusted insurance brand for 2026, reflecting the confidence consumers place in the AAA brand. For more information, download the AAA Mobile app, visit AAA.com, and follow us on social media.