It continues to cost more to get your motor running.
Tennessee gasoline prices have gone up 10 cents over the past week and 40 cents over the past month. Indications are prices are going to keep rising.
“With increased demand and tighter gasoline supplies, we are looking at more expensive pump prices with little relief in the weeks ahead,” said Megan Cooper, spokesperson for AAA - The Auto Club Group. “Over the last five weeks, Tennessee gas prices have risen a total of 45 cents on average.”
On Monday, the average gas price in Warren County was $2.68, according to AAA. That was below the national average of $2.86.
Gasoline demand is just 1% below pre-pandemic levels, according to GasBuddy, a petroleum price-tracking service.
“As Americans turn optimistic on COVID-19 pandemic recovery, we’ve been seeing insatiable demand for gasoline, which continues to recover far faster than oil production,” said Patrick De Haan, head of petroleum analysis for GasBuddy.
Tennessee is well below the all-time high for a gallon of gasoline. The highest average price in the state came on Sept. 15, 2008 when prices hit $4.11 per gallon.