March gas prices highest in four years, AAA says

Johnson City Press • Updated Apr 2, 2018 at 7:34 PM

According to a AAA report released Monday, Tennessee motorists are now finding the most expensive gas prices of the year.

Tennessee gas prices increased a little more than a nickel during the past week, then held steady through the weekend. On average, prices at the pump have climbed 16 cents in the last three weeks.

Gas prices had the most expensive March in four years, averaging $2.35 per gallon of regular unleaded gas for the entire month — an increase of 30 cents from March 2017. AAA said motorists are spending nearly 40 cents more per gallon from this time last year.

Sunday’s state average of $2.46 was the highest since October, when prices were recovering from the impacts of Hurricane Harvey.

"Strong demand, tightening supplies and record-high gasoline exports gave gas prices a boost this week," AAA spokesman Mark Jenkins said. "Pump prices seemed to have stalled over the weekend, but there is still potential for higher prices this spring."

• The most expensive gas price averages in Tennessee are in Nashville ($2.51), Cleveland ($2.51), and Clarksville-Hopkinsville ($2.47)

• The least expensive gas price averages in Tennessee are in Memphis ($2.40), Chattanooga ($2.42), and Knoxville ($2.44)

For more information on national, state and local gas price trends, visit www.gasprices.aaa.com

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