NASHVILLE, Tenn.,
03
February
2025
|
11:47 AM
America/Chicago

TN Gas Prices Rise Four Cents

Tennessee drops to the 9th least expensive market in the nation

Gas prices across Tennessee moved four cents higher, on average, over last week.The Tennessee Gas Price average is now $2.80 which is five cents more expensive than one month ago but five cents less than one year ago.  

"Gas prices are continuing their roller coaster across the state this week. Despite oil costs easing slightly, we did see a couple of state metro area's pump prices increase from last week, which likely helped to drag the state average slightly higher," said Megan Cooper, spokeswoman, AAA - The Auto Club Group. "Drivers can likely expect to see continued fluctuation across the state in pump pricing, as prices continue to normalize after recent shifts in crude oil pricing." 

National Gas Prices

Easing oil costs and tepid domestic demand helped pump prices ease up on the pedal, shedding three cents since last week to $3.09. 

According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.08 million b/d last week to 8.30. Meanwhile, total domestic gasoline stocks rose from 245.9 million barrels to 248.9, while gasoline production decreased last week, averaging 9.2 million barrels daily.

Today’s national average for a gallon of gas is $3.09, three cents more than a month ago and six cents less than a year ago.

National Oil Market Dynamics

At the close of Wednesday’s formal trading session, WTI fell $1.15 to settle at $72.62 a barrel. The EIA reports that crude oil inventories increased by 3.5 million barrels from the previous week. At 415.1 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 - Johnson City ($2.87), Nashville ($2.83), Knoxville ($2.82) 
  • Least expensive metro markets - Clarksville ($2.72), Chattanooga ($2.72), Memphis ($2.78) 

Tennessee Gas Price Averages 

(Price per gallon of regular unleaded gasoline) 

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Monday

Sunday

Week Ago

Month Ago

One Year Ago

Tennessee

$2.803

$2.809

$2.764

$2.750

$2.858

Chattanooga

$2.729

$2.749

$2.675

$2.736

$2.861

Knoxville

$2.829

$2.830

$2.759

$2.718

$2.758

Memphis

$2.785

$2.781

$2.801

$2.743

$2.894

Nashville

$2.831

$2.842

$2.784

$2.831

$2.910

Click here to view current gasoline price averages

About AAA - The Auto Club Group

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.