Gas Prices Increase Nationally

NASHVILLE (September 20) - Tennessee gas prices have fallen 1.4 cents per gallon in the past week, averaging $2.84 per gallon Monday, according to GasBuddy's daily survey of 3,821 stations in Tennessee. Gas prices in Tennessee are 2.3 cents per gallon higher than a month ago and stand 93.2 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Tennessee was priced at $2.09 per gallon Monday, while the most expensive was $3.59 per gallon, a difference of $1.50 per gallon.

The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.18 per gallon Monday. The national average is up 1.8 cents per gallon from a month ago and stands $1.01 per gallon higher than a year ago.

Historical gasoline prices in Tennessee and the national average going back 10 years:

September 20, 2020: $1.91/g (U.S. Average: $2.16/g)

September 20, 2019: $2.38/g (U.S. Average: $2.67/g)

September 20, 2018: $2.57/g (U.S. Average: $2.85/g)

September 20, 2017: $2.53/g (U.S. Average: $2.58/g)

September 20, 2016: $2.15/g (U.S. Average: $2.21/g)

September 20, 2015: $1.99/g (U.S. Average: $2.29/g)

September 20, 2014: $3.13/g (U.S. Average: $3.34/g)

September 20, 2013: $3.26/g (U.S. Average: $3.48/g)

September 20, 2012: $3.65/g (U.S. Average: $3.84/g)

September 20, 2011: $3.37/g (U.S. Average: $3.57/g)

Neighboring areas and their current gas prices:

Chattanooga - $2.79/g, down 2.0 cents per gallon from last week's $2.81/g.

Nashville - $2.91/g, down 3.5 cents per gallon from last week's $2.95/g.

Huntsville - $2.83/g, up 2.0 cents per gallon from last week's $2.81/g.

"Gas prices have been stuck in somewhat of a limbo and remain near 2021 highs long after Hurricane Ida has dissipated. The damage done to oil production has been left behind and so far has prevented prices from resuming their seasonal decline," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Ida caused the loss of over 30 million barrels of oil production in the Gulf of Mexico, and with gasoline demand remaining relatively high for the season, oil inventories remain relatively tight, preventing any organized decline in gas prices for the time being. As a result, we may have to wait a couple more weeks until hurricane season slows for oil inventories to start to rise and gas prices to fall."

GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.