Gas Prices Fall

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Tennessee gas prices have fallen 3.1 cents per gallon in the past week, averaging $1.91/g today, according to GasBuddy's daily survey of 3,821 stations. Gas prices in Tennessee are 2.5 cents per gallon higher than a month ago and stand 34.6 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Tennessee is priced at $1.65/g today while the most expensive is $2.89/g, a difference of $1.24/g. The lowest price in the state today is $1.65/g while the highest is $2.89/g, a difference of $1.24/g.

The national average price of gasoline has fallen 3.2 cents per gallon in the last week, averaging $2.17/g today. The national average is down 0.5 cents per gallon from a month ago and stands 38.6 cents per gallon lower than a year ago.

Historical gasoline prices in Tennessee and the national average going back ten years:
September 14, 2019: $2.25/g (U.S. Average: $2.56/g)
September 14, 2018: $2.57/g (U.S. Average: $2.85/g)
September 14, 2017: $2.58/g (U.S. Average: $2.63/g)
September 14, 2016: $2.00/g (U.S. Average: $2.18/g)
September 14, 2015: $2.04/g (U.S. Average: $2.33/g)
September 14, 2014: $3.17/g (U.S. Average: $3.39/g)
September 14, 2013: $3.31/g (U.S. Average: $3.51/g)
September 14, 2012: $3.67/g (U.S. Average: $3.87/g)
September 14, 2011: $3.43/g (U.S. Average: $3.63/g)
September 14, 2010: $2.53/g (U.S. Average: $2.71/g)

Neighboring areas and their current gas prices:
Chattanooga- $1.83/g, down 5.7 cents per gallon from last week's $1.89/g.
Nashville- $1.98/g, down 5.7 cents per gallon from last week's $2.03/g.
Huntsville- $1.90/g, down 2.7 cents per gallon from last week's $1.93/g.

"Seasonal factors, as expected, are pushing gas prices down in most areas across the country. In addition, oil prices have hit a rough patch on renewed concerns about the economy and falling demand, leaving motorists the beneficiaries for the next few weeks," said Patrick De Haan, head of petroleum analysis for GasBuddy. "No one should be in a rush to fill up as prices will likely continue to trend lower, especially as the summer gasoline requirement ends on Tuesday, ushering in cheaper to produce winter gasoline and a return to less fragmentation in supply since winter gasoline is common nearly coast-to-coast, making it less of a headache to produce fuel since it can be used universally."

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CANNON COMMUNITY
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