Gas Prices Fall Slightly in State
KNOXVILLE (June 20) - Average gasoline prices in Knoxville have fallen 1.9 cents per gallon in the last week, averaging $4.57 per gallon Monday, according to GasBuddy's survey of 418 stations in Knoxville. Prices in Knoxville are 33.4 cents per gallon higher than a month ago and stand $1.72 per gallon higher than a year ago. The price of diesel has risen 2.6 cents nationally in the past week and stands at $5.80 per gallon.
According to GasBuddy price reports, the cheapest station in Knoxville was priced at $4.38 per gallon Sunday, while the most expensive was $4.71 per gallon, a difference of 33 cents per gallon. The lowest price in the state Sunday was $4.15 per gallon while the highest was $5.59 per gallon, a difference of $1.44 per gallon.
The national average price of gasoline has fallen 4.2 cents per gallon in the last week, averaging $4.97 per gallon Sunday. The national average is up 37.3 cents per gallon from a month ago and stands $1.92 per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
Historical gasoline prices in Knoxville and the national average going back 10 years:
June 20, 2021: $2.85/g (U.S. Average: $3.05/g)
June 20, 2020: $1.81/g (U.S. Average: $2.12/g)
June 20, 2019: $2.29/g (U.S. Average: $2.66/g)
June 20, 2018: $2.56/g (U.S. Average: $2.87/g)
June 20, 2017: $2.01/g (U.S. Average: $2.28/g)
June 20, 2016: $2.10/g (U.S. Average: $2.33/g)
June 20, 2015: $2.55/g (U.S. Average: $2.80/g)
June 20, 2014: $3.41/g (U.S. Average: $3.68/g)
June 20, 2013: $3.29/g (U.S. Average: $3.60/g)
June 20, 2012: $3.09/g (U.S. Average: $3.48/g)
Neighboring areas and their current gas prices:
Chattanooga - $4.47/g, down 8.1 cents per gallon from last week's $4.55/g.
Tennessee - $4.58/g, down 5.6 cents per gallon from last week's $4.64/g.
Asheville - $4.66/g, down 1.3 cents per gallon from last week's $4.67/g.
“Finally some relief! For the first time in nine weeks, gasoline prices have fallen, following a broad sell-off in oil markets last week, pushing the national average back under the $5 level with most states seeing relief at the pump," said Patrick De Haan, head of petroleum analysis at GasBuddy. "I'm hopeful the trend may continue this week, especially as concerns appear to be mounting that we may be on the cusp of an economic slowdown, putting downward pressure on oil. But the coast isn't yet entirely clear. We could see the national average fall another 15 to 30 cents, if we're lucky, by the time fireworks are flying, barring any unexpected shutdowns at a time when the market is extremely sensitive to such."
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://prices.GasBuddy.com.
