Gas prices are trending lower after a small jump at the pump last week.
According to both AAA and GasBuddy analysts, gas prices in Tennessee rose 1.5 cents per gallon in the past week, averaging $2.59 on Sunday.
On Fourth of July, an estimated 39.7 million Americans will hit the road for vacation. Drivers will see a spike in gas prices within the next two days, but the increase won’t be enough to deter vacationers from traveling.
Gas prices in Tennessee declined for the 28th consecutive day on Sunday.
Motorists are now getting some welcome relief from high prices at the pump as gas prices continue to steadily decline, AAA analysis’s said in a Monday news release.
According to a Monday report from AAA, gas prices are continuing to decline for the third week in a row.
As of Monday, national gas prices averaged at $2.95 per gallon, with Tennessee’s statewide average at $2.70.
Gas prices are finally expected to drop, according to press releases from both AAA Auto Club and GasBuddy.
The national average price for gas stands at $2.92, which is the highest gas prices have been since 2014.
More than 41.5 million Americans are expected to travel this Memorial Day weekend.
As the world holds its breath until U.S. President Donald Trump decides whether or not to extend the Iranian Nuclear Deal on May 12, analysts from GasBuddy and AAA say the price of oil depends on this decision.
Monday was the conclusion to the highest April gas prices in four years, according to a AAA report.
Americans are paying some of the most expensive gas prices in years, according to a AAA report released Monday.
“Instability in the Middle East does have ramifications for the price of energy, which is one reason the United States is working to become energy independent, but American involvement in Syria is first and foremost about putting an end to a horrific abuse with chemical weapons that simply cannot be tolerated” — U.S. Rep. Phil Roe.
AAA said motorists are spending nearly 40 cents more per gallon from this time last year.