AAA: Tennessee gas prices hit floor

Johnson City Press • Updated Dec 11, 2018 at 5:39 PM

After the state average gas price declined for 60 consecutive days for a total of 53 cents, gas price averages in Tennessee have hit the floor at $2.16 per gallon statewide Tuesday, according to AAA analysts.

The statewide average price is 8 cents less than last week and 35 cents less than last month. While Johnson City motorists are welcoming the news, Johnson City does have some of the most expensive gas price averages in the state, standing at $2.25. Some of the cheapest gas in Tennessee can be found in cities like Cleveland and Chattanooga, where gas price averages stood at $2.01 Tuesday morning. 

"Gas prices in Tennessee could drop another 5-8 cents this week, but should level off soon," AAA spokesman Mark Jenkins said in a Monday news release. "Pump prices are close to catching up with the recent crude price plunge. However, oil prices are beginning to increase, after OPEC announced a production cut agreement on Friday.

“Regardless, drivers should continue to enjoy low gas prices through the end of the year, unless oil prices suddenly spike."

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

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