Weekly Gas Price Report

gas prices2The national average price for regular unleaded gasoline slipped 1-cent since last week’s AAA Gas Price Brief and is currently $2.79 a gallon. The average remains significantly lower than on this same date last year (-89 cents).
The national average declined by fractions of a cent for six consecutive days. Meanwhile the price in Tennessee has also declined six consecutive days.
Last week, the price of oil averaged $59.89 – 20 cents cheaper than the week before, marking the first weekly decline in three weeks. During the week, WTI oil settled as high as $60.45 a barrel on the NYMEX, but settled at $59.61 per barrel on Friday. The highest settlement of 2015 was $61.43 a barrel on June 10.
In Tennessee the current average price is $2.58 per gallon and that is 89 cents cheaper than this time last year.
This week in Manchester the low price per gallon is $2.43 and in Tullahoma the low price is $2.45.