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Lowest Gas Prices In Over 5 Years

gas prices 6Gas prices continue to fall throughout the nation. Mark Jenkins, spokesman, AAA – The Auto Club Group says, Gas prices fell below $2 a gallon at various filling stations in Georgia and Tennessee last week.
“Gasoline prices are plunging with little sign of slowing down,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices dropped for the fourth consecutive week because of increased oil production and low demand, and that’s keeping downward pressure on the price of gasoline. It is unclear exactly how low prices will go, but gasoline will keep getting cheaper as long as oil does.”
When 89.5 million Americans hit the holiday road, they will find the cheapest gasoline since May 2009, and the lowest Christmas day prices since 2008. On average, Americans are saving $13 for a tank of gas compared to this time last year. If prices remain at these levels, households will save $550 next year, according to the Energy Information Administration.
The average price per gallon in Tennessee is $2.20 and in Manchester the low price is $2.18 and in Tullahoma the price per gallon has dropped to $2.04.