Weekly gas price update

Weekly gas price update

Posted: Wednesday, May 22, 2013 12:00 am

Average retail gasoline prices in Tennessee have risen 0.9 cents per gallon in the past week, averaging $3.25 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 8.9 cents per gallon in the last week to $3.67 per gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Tennessee during the past week, prices Sunday were 13.7 cents per gallon lower than the same day one year ago and are 1.2 cents per gallon lower than a month ago.
The national average has increased 16.6 cents per gallon during the last month and stands 3.0 cents per gallon lower than this day one year ago.
“The last seven days have delivered some shocks at the pump for motorists in the nation’s Midwest,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “I don’t believe I’ve ever seen gasoline prices in the Midwest surpass California- areas of Nebraska, Minnesota, Oklahoma, North and South Dakota, and Kansas- have done that. Gas price records in these areas aren’t being quietly replaced, they’re being blown out of the water.”

Published in The WCP 5.21.13

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