Gas prices fell 2 cents last week, bringing the average Tennessee price to $2.61 per gallon of regular unleaded gas. Sunday’s state average is half a cent less than a month ago, yet 56 cents more than this time last year.
As of now, the average gas price in Johnson City is $2.57 per gallon. The national average stands at $2.84 per gallon, 2 cents less than a month ago.
"Oil prices averaged $3-5 less than the previous three weeks, allowing gas prices to lose value," AAA spokesman Mark Jenkins said in a press release.
"Although prices are lower, there is still volatility at the pump as gasoline demand remains high during the summer driving season and global supply concerns persist."
• The most expensive gas price averages in Tennessee are in Jackson ($2.67), Memphis ($2.64), and Nashville ($2.63).
• The least expensive gas price averages in Tennessee are in Cleveland ($2.52), Chattanooga ($2.54), and Clarksville-Hopkinsville ($2.56)
For more information on local, state and national gas price market trends, visit www.gasprices.aaa.com.