Average retail gasoline prices in the Nashville area rose 2.2 cents during the past week, averaging $3.67 per gallon as of Sunday, according to gasoline price website NashvilleGasPrices.com.
This compares with the national average of $3.80, a rise of 1.4 cents.
Nashville prices Sunday were 18.6 cents per gallon higher than they were on the same day one year ago and 26.8 cents per gallon higher than they were four weeks ago. The national average has increased 20.3 cents per gallon during the last four weeks and stands 12.9 cents per gallon higher than on this day one year ago.
“With the conclusion of the summer driving season, we can expect gasoline prices to go on a diet," GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said in a release. "Like all diet programs, you may not see immediate loss in the short term, but we'll likely see some loss in the longer term, say the next several weeks, as factors align in motorists’ favor. Specifically as Isaac has exited without much ado, demand to see seasonal decline, and with cheaper-to-produce winter-spec higher RVP gasoline coming, there's light at the end of the tunnel.”
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.
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