Monday, October 24, 2016

Gasoline prices expected to drop
The national average price for a gallon of regular unleaded declined for the 15th consecutive day Sunday, for a total discount of 4 cents during that period. In the southeast, the rate of decline varies depending on the state. Average prices in Tennessee have slowly recovered from the Colonial Pipeline outage that sent prices surging by an average of 17 cents. "Gas prices typically follow a downward trend through the final months of the year," says Mark Jenkins, spokesman for AAA . "Last year, the national average dropped about 25 cents from Columbus Day through Thanksgiving. During that time, oil prices fell almost $10 a barrel. A drop like that is less likely to occur this year, as the price of oil will likely hold steady at around $50 a barrel until OPEC's meeting next month." Tennessee's state average of $2.08 is 4 cents less than a week ago, but 11 cents more than last year.


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Thursday, April 29, 2021

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