Monday, March 19, 2018

Gas prices
Gas prices are on the rise once again, after declining for nearly two weeks. Tennessee gas prices declined early last week, then rose a total of 4 cents. Sunday's state average of $2.34 is the same as a month ago, but remains 30 cents more than this time last year. "There are a few factors that gave gas prices a boost, but this time it wasn't crude oil," says Mark Jenkins, spokesman, AAA – in Tennessee. "Gasoline supplies took a sharp dip last week, as exports rose and refineries began to switch from winter to summer blend gasoline. In addition, demand in the southeast - especially in Florida - is strong, as Americans hit the road for spring break. And Jenkins says strong gains in wholesale gasoline prices last week, will mean additional increases at the pump this week.


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