Gas Prices Dropping

Jun 18, 2018 at 08:20 am by Unknown


Motorists are getting some welcome relief from high prices at the pump. The national average price for a gallon of regular unleaded is averaged $2.90 on Sunday, after declining 7 cents since Memorial Day weekend.

Average Summer Gas Prices
2014 2015 2016 2017 Today
National $3.57 $2.71 $2.23 $2.31 $2.90
Florida $3.50 $2.58 $2.19 $2.25 $2.76
Georgia $3.48 $2.57 $2.11 $2.18 $2.84
Tennessee $3.35 $2.45 $2.03 $2.08 $2.65

"Pump prices should sink even lower this week, after wholesale gasoline prices took a dive," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "There is now firm downward pressure on the oil market as it appears increasingly likely that OPEC will agree to ease production cuts. As a result, gas prices are poised for another 5-10 cent drop."

Gas prices in Tennessee declined 3 cents last week. Prices at the pump averaged $2.65 per gallon on Sunday. Since peaking at $2.73 on Memorial Day weekend, prices have declined a total of 8 cents.

Click here to view AAA's state and metro gas price averages

Gas Price Tools

CURRENT AND PAST PRICE AVERAGES

Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago Highest Price on Record
National $2.898 $2.902 $2.923 $2.902 $2.301 $4.114 (7/17/2008)
Florida $2.756 $2.763 $2.804 $2.822 $2.280 $4.079 (7/17/2008)
Georgia $2.751 $2.756 $2.787 $2.769 $2.165 $4.164 (9/15/2008)
Tennessee $2.645 $2.648 $2.675 $2.657 $2.058 $4.118 (9/15/2008)
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