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gas price update and out look – 2.14.12

gas price update and out look – 2.14.12

Posted: Thursday, February 16, 2012 4:08 pm

Average retail gasoline prices in Tennessee have risen 6.2 cents per gallon in the past week, averaging $3.44 per gallon Sunday.
This compares with the national average that has increased 3.3 cents per gallon in the last week to $3.47 per gallon, according to gasoline price website
Including the change in gas prices in Tennessee during the past week, prices Sunday were 46.8 cents per gallon higher than the same day one year ago and are 19.5 cents per gallon higher than a month ago.
The national average has increased 12.3 cents per gallon during the last month and stands 34.8 cents per gallon higher than that day one year ago.
“Retail gasoline prices have continued to slowly rise across a majority of the United States,” said Senior Petroleum Analyst Patrick DeHaan. “With the exception of one state- Wyoming- all states are seeing their gasoline prices averaging over $3 per gallon again, with some of the largest cities- New York City and Los Angeles closing in on $4/gallon,” DeHaan said.
About Tennessee
GasBuddy operates and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.

WCP 2.14.12

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