Gas Prices Will Continue To Fall

gas prices 4Plunging oil prices continue to place downward pressure on prices at the pump. Nationally, gas prices have fallen 7 cents from a week ago, and 14 cents from a month ago. Should oil prices remain at or below their current rate, the national average could dip below $2 per gallon by the end of the year. In the southeastern U.S. the price at the pump has fallen 4 cents in the past week, and more than 20 cents in the past month.
In Tennessee, the current average price of $2.26 is the lowest since April 21; 4 cents lower than a week ago, 19 cents less than a month ago, and 95 cents cheaper than a year ago. Gas prices have fallen 64 of the last 67 days. The low price in Manchester as of Tuesday afternoon was $2.10 per gallon and in Tullahoma it was $2.16.