Connect with us

Hi, what are you looking for?


Gas prices begin resurgence

The Tennessee gas price average jumped eight cents last week – the largest weekly increase the state has seen so far in 2020. The Tennessee Gas Price average is now $1.79 which is nearly 23 cents more than one month ago and nearly 64 cents less than one year ago. The lowest price in Manchester as of 3 p.m. Tuesday was $1.79.

“The beginning of June has not seen gas prices this low since 2004,” said Megan Cooper, spokesperson, AAA – The Auto Club Group. “As crude oil prices trend higher and gasoline demand increases, Americans will see gas prices push more expensive, but this summer will be cheaper than last.”

Quick Facts
• 28% of Tennessee gas stations have prices below $1.75
• The lowest 10% of pump prices are $1.63 for regular unleaded
• The highest 10% of pump prices are $2.08 for regular unleaded
• Tennessee ranks 9th in the nation’s top 10 largest weekly increases

Advertisement. Scroll to continue reading.

National Gas Prices
For 66 days, the national gas price average held below the $2/gallon mark, pushing as cheap as $1.76. In the past week, the average has inched up to $2.03. Despite the consistent increases at the pump, prices are still significantly cheaper year-over-year. In fact, during the first week of June the past five years, gas prices have typically averaged $2.81.
U.S. gasoline demand continues to show increasing strength. The Energy Information Administration’s (EIA) latest reading shows a 4% weekly increase at 7.5 million b/d. That is the highest demand level since states began issuing stay-at-home orders in mid-March.

Trust Coffee County Realty and Auction! 931-728-2800

Advertisement. Scroll to continue reading.

You May Also Like


A water main break in the New Union area has left two county schools with no water. New Union Elementary is without water and...


A Coffee County Sheriff’s Department deputy has been terminated after he was arrested for alleged DUI while on duty Thursday, Feb. 23. According to...


A tragic accident occurred on Monday night at 9:24 PM near 3261 Hillsboro Highway, resulting in the death of 60-year-old Timothy Sullivan. According to...


District superiority is up for grabs Friday night in Manchester. Coffee County Central’s Lady Red Raiders (no. 4 AP) and the Warren County Lady...