The average per-gallon price of regular gas in Tennessee was $3.46 as of yesterday, a decrease of four cents compared to the figure from the previous week, according to AAA.
This marks the fourth straight week the state has seen prices, on average, dip. Three weeks ago was the first time since January that the weekly average for a gallon of regular gas, both statewide and throughout the country, retreated.
As of Sunday, the national average price was $3.67, a two-cent per-gallon decrease. More specifically, and to compare to Tennessee, Georgia’s per-gallon average of $3.52 decreased seven cents.
In Nashville, the average per-gallon price of regular gas was $3.51 as of Sunday, a drop of three cents compared to the figure from the previous week. (See chart below.)
"March is expected to end with falling gas prices in time for those who plan to travel during the Easter holiday,” Jessica Brady, AAA spokeswoman, The Auto Club Group, said in a release. “However, the drop in supply is a sign of increased demand, a trend typically seen at the start of April. As a result, motorists could see pump prices move right back up in April, before leveling off near June.”
A barrel of oil closed Friday at $93.71 on the New York Mercantile Exchange — 26 cents more than the week prior.