Tennessee gas price update

Posted: Wednesday, May 15, 2013 12:00 am

Average retail gasoline prices in Tennessee have risen 0.8 cents per gallon in the past week, averaging $3.24 per gallon Sunday, according to GasBuddy’s daily survey of 3,821 gas outlets in Tennessee.
This compares with the national average that has increased 6.2 cents per gallon in the last week to $3.57 per gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Tennessee during the past week, prices Sunday were 22.4 cents per gallon lower than the same day one year ago and are 7.0 cents per gallon lower than a month ago. The national average has increased 5.0 cents per gallon during the last month and stands 15.4 cents per gallon lower than this day one year ago.
“The national average has perked up again in the last seven days across the nation,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Many motorists remain skeptical of the so called reasons that we blame higher prices on: refinery production and maintenance, tightening supply, and the now completed switch over to EPA mandated cleaner summer gasoline.
“Tight gasoline supply exists especially along the West Coast, and other factors are coming into play in some of the bigger metro areas where more expensive reformulated gasoline has hit pumps,”

Published in The WCP 5.14.13