Tennessee’s average gas price of $2.30 is 1 cent less than both last week and last month and 4 cents less than a year ago, according to AAA. The national average is $2.59, which is flat on the week, 2 cent less than a month ago and 3 cents more than this time last year.
Across the country on Monday, 61% of all gas stations were selling regular unleaded for $2.50 or less, AAA reported.
“During Thanksgiving week last year we saw the national gas price average ($2.57) decrease a nickel between Monday and Thursday; that could be the case again this year,” said Stephanie Milani, Tennessee public affairs director for AAA, in a press release. “AAA expects 49.3 million Americans to drive to their holiday destination, increasing traffic on the roads this week, which will spike on Wednesday as travelers and commuters mix.”
• Johnson City ($2.31)
• Kingsport-Bristol ($2.30)
Most expensive gas prices in the state
• Jackson ($2.37)
• Memphis ($2.34)
• Nashville ($2.33)
Least expensive gas prices in the state
• Cleveland ($2.20)
• Chattanooga ($2.23)
• Clarksville-Hopkinsville ($2.25)
What about oil?
At the close of Friday’s formal trading session on the New York Mercantile Exchange, West Texas Intermediate crude decreased by 81 cents to settle at $57.77, AAA reported.
However, crude prices increased about a nickel in recent reports, due to news that the Organization of the Petroleum Exporting Countries (OPEC) and its partners are likely to extend their current production-reduction agreement through the middle of 2020 at OPEC’s meeting in Vienna on Dec. 5-6.
To view daily gas price averages, visit www.GasPrices.AAA.com.