Gas Prices Hover Above $4 Per Gallon in Nation

NASHVILLE (March 28) - Average gasoline prices in Tennessee have fallen 2.0 cents per gallon in the last week, averaging $4.01 per gallon Monday, according to GasBuddy's survey of 3,821 stations in Tennessee. Prices in Tennessee are 56.8 cents per gallon higher than a month ago and stand $1.38 per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Tennessee was priced at $3.66 per gallon Sunday, while the most expensive was $4.79 per gallon, a difference of $1.13 per gallon.

The national average price of gasoline is unchanged in the last week, averaging $4.23 per gallon Monday. The national average is up 62.4 cents per gallon from a month ago and stands $1.38 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 Tennessee and the national average going back 10 years:

March 28, 2021: $2.64/g (U.S. Average: $2.84/g)

March 28, 2020: $1.73/g (U.S. Average: $1.98/g)

March 28, 2019: $2.46/g (U.S. Average: $2.70/g)

March 28, 2018: $2.45/g (U.S. Average: $2.64/g)

March 28, 2017: $2.03/g (U.S. Average: $2.29/g)

March 28, 2016: $1.90/g (U.S. Average: $2.04/g)

March 28, 2015: $2.14/g (U.S. Average: $2.43/g)

March 28, 2014: $3.32/g (U.S. Average: $3.53/g)

March 28, 2013: $3.43/g (U.S. Average: $3.64/g)

March 28, 2012: $3.74/g (U.S. Average: $3.92/g)

Neighboring areas and their current gas prices:

Chattanooga - $3.95/g, down 3.5 cents per gallon from last week's $3.98/g.

Nashville - $4.06/g, down 1.4 cents per gallon from last week's $4.08/g.

Huntsville - $3.97/g, down 4.0 cents per gallon from last week's $4.01/g.

“The decline we've seen in average gas prices has been slowing down, as oil prices have held above $100 after declining under that level as recently as a few weeks ago. For the near future, we’ll see a mix of slight decreases and some potential increases mixed in. California markets should finally cool off and areas could even move lower in Southern California, while the Great Lakes could see gas prices jump up after having fallen for the last week or so," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While the national average should start to stabilize for the time being, there's no telling what's around the corner, at least for now, as the volatility in oil prices persists."

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.