Tennessee gas prices are 20 cents lower than last year

Johnson City Press • Updated May 28, 2019 at 3:08 PM

Tennessee’s average gas price was $2.52 on Tuesday, marking a 2-cent decrease since last week, a 6-cent decrease from last month and a 20-cent decrease from this time last year.

Compared to the national gas price average of $2.82, gas prices in Johnson City stood at $2.49, according to AAA analysts. The average price in Kingsport and Bristol was $2.48.

The lowest gas price in Tennessee was $2.27, according to GasBuddy analysts.

“For the majority of the country, gas prices have declined by at least a nickel since the beginning of May,” AAA spokesperson Stephanie Milani said in a Tuesday press release. “Stable crude oil prices are helping to push down prices at the pump despite robust demand. This is a trend that should continue into early June.”

But as always, GasBuddy analyst Patrick DeHaan said the slight decrease could be temporary, due to geopolitical tensions and the possibility of outages.

“Overall, the biggest risk factors for rising gas prices this summer are unexpected refinery outages, mainly in challenged areas like the Midwest or West Coast, a potential trade deal between the U.S. and China and any rise in Middle East tensions, mainly between the U.S. and Iran. Otherwise, expect this summer's gas prices to be similar but lower than they were last year,” he said in a news release.

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