Average retail gasoline prices in Nashville have fallen 6.1 cents per gallon in the past week, averaging $3.14 per gallon as of Sunday. This compares with the national average that fell 7.9 cents per gallon in the last week to $3.45 per gallon, according to gasoline price website NashvilleGasPrices.com.
Of note, per-gallon prices in the Nashville market averaged $3.60 in mid-March and have fallen each week since.
With the change, Nashville gas prices yesterday were 25.5 cents per gallon lower than on the same day one year ago and, likewise, 25.5 cents per gallon lower than four weeks ago. The national average decreased 21.7 cents per gallon during the last four weeks and stands 14 cents per gallon lower than on June 17, 2011.
The national average has now dropped to its lowest level since Feb. 4
"Gasoline can be found as cheap as $2.73 per gallon today in Taylors, S.C.,” GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said in a release. “While this certainly isn't going to be the price of every station, a majority of gasoline outlets are featuring prices that have come down significantly in the last month, similar to that of the sentiment of Chicago Cubs fans."
GasBuddy operates NashvilleGasPrices.com and more than 250 similar websites that track gasoline prices at approximately 140,000 gasoline stations in the United States and Canada.