The average per-gallon price of regular gas in Tennessee was $3.35 as of yesterday, an increase of 4 cents compared to the figure from the previous week, according to AAA.
In comparison, the national average price was $3.58, a 7-cent per-gallon increase. More specifically, and to compare, Georgia’s per-gallon average of $3.47 increased 2 cents.
In Nashville, the average per-gallon price of regular gas was $3.35 as of yesterday, a rise of 4 cents compared to the figure from the previous week. (See chart below.)
Currently, oil prices stand at $95.72 a barrel, $2.05 less than the mark from the week prior, AAA reports.
"Gas prices are still forecast to peak in April, so it's likely motorists will see pump prices steadily increase during the next couple of months,” Jessica Brady, AAA spokeswoman, The Auto Club Group, said in a release. "However, the national average is not expected to exceed $4 a gallon this year for regular unleaded gasoline.”
Brady said snowstorms in the Northeast and better than expected growth in China have kept upward pressure on fuel prices. In addition, the ongoing switch to the summer blend fuel and refinery maintenance pushed oil and gas prices higher in the past few weeks. As a result, gas prices are expected to increase into April, she said.
Last year, gas prices peaked in April and then headed on a downward trend through the summer months. This year is forecast to have a similar trend, but with lower gas prices overall, barring any unforeseen events that have a major impact on fuel supplies.
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