Tennessee gas prices have dropped 16 cents in the last 30 days and are expected to trend even lower in the coming week. The Tennessee Gas Price average is $2.23 which is five cents cheaper than last week, 16 cents less than one month ago, and 20 cents more than one year ago.

"Gas prices are pushing cheaper for two reasons: crude oil prices are $10 less a barrel than one month ago and U.S. gasoline stocks sit at an all-time record high," said Megan Cooper, spokeswoman, AAA - The Auto Club Group. "Cheaper crude and healthy stock levels mean motorists can expect prices to continue to decline this month."

National Gas Prices

• The national gas price average is $2.47, which is four cents cheaper than last week and 11 cents cheaper than the beginning of the year.

• Motorists in at least a dozen states can find gas for less than $2/gallon. Those gas stations are mostly found in the South and Southeast.

Oil Market Dynamics

At the close of Friday's formal trading session on the NYMEX, WTI dropped by 58 cents to settle at $51.56. For the second week, crude prices have decreased as a result of increased market concerns regarding the growing impact of the coronavirus on global travel. If global travel demand decreases, global crude demand would likely follow suit and result in lower global crude consumption. If market concerns regarding the virus continue to grow this week, crude prices could drop again.

Tennessee Regional Prices

• Most expensive metro markets - Morristown ($2.31), Jackson ($2.29), Memphis ($2.29)

• Least expensive metro markets - Cleveland ($2.05), Chattanooga ($2.11), Clarksville ($2.16)