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Nashville Gas Prices Surge Amid Seasonal Demand

Gas station in Nashville displaying rising prices

News Summary

Gas prices in the Nashville metro area have climbed to an average of $2.87 per gallon, reflecting a 4.8% increase. This rise follows typical seasonal patterns, although prices have decreased across the year. In contrast, Tennessee’s statewide average remains lower at $2.81. The rise is attributed to summer travel demand, positioning Tennessee as fourth in the nation for the lowest gas prices despite recent fluctuations. Residents prepare for summer travel with prices still comparatively lower than those in many other states.

Nashville, TN – Gas prices in the Nashville metro area have surged to an average of $2.87 per gallon as of July 11, marking a weekly increase of 13 cents or 4.8%. This rise comes amidst customary seasonal fluctuations in fuel prices, although Nashville’s current prices show a year-over-year decrease of 32 cents or 10.0%.

The statewide average gas price in Tennessee stands at $2.81 per gallon, indicating a smaller decline of 7 cents from the previous week. Meanwhile, premium grade fuel in Tennessee averages $3.61 per gallon, while diesel prices currently rest at $3.52 per gallon, exhibiting minimal weekly movement with a slight decrease of 0.1%.

Nashville’s gas prices rank as the second highest in comparison to neighboring counties. Specifically, Rutherford County has an average price of $2.69 per gallon, while Williamson County holds the title for the highest gas prices in the state at $3.11 per gallon. In contrast, Moore County offers the lowest average gas prices in Tennessee at $2.62 per gallon.

Comparative Gas Prices

Across the United States, the national average gas price is currently pegged at $3.21 per gallon, which has increased by 10.6 cents this week. For a comparative look, the state of Mississippi offers the cheapest average gas prices nationwide at $2.71 per gallon, while California records the highest at $4.59 per gallon. Premium fuels in California are priced around $4.99 per gallon, with Oklahoma providing the most affordable premium gas at $3.39.

Historical Context

The current gas price in Nashville is a notable distance from its historical high of $4.68, recorded on June 10, 2022. Diesel prices, too, reflect a historical context with a peak of $5.68 on June 15, 2022. Presently, diesel prices have declined 24 cents year-over-year, now averaging $3.42 per gallon statewide, securing Tennessee’s position as having the 10th cheapest diesel in the country.

Seasonal Fluctuations

The increase in Nashville’s gas prices can be attributed to seasonal demand. Typically, fuel prices fluctuate during warmer months due to increased travel and vacation plans. Travelers and commuters often drive more during the summer, leading to higher demand for gasoline and, consequently, higher prices at the pump.

In sum, Tennessee ranks fourth in the nation for the lowest gas prices, continuing to offer relief compared to many other states, particularly those along the West Coast. Despite this week’s uptick, monthly and yearly comparisons reveal a significant reduction in fuel costs for consumers in the Nashville area.

Final Overview

As residents of Nashville navigate these rising gas prices, the adjustments reflect both local and national trends influenced by seasonal demand. With Tennessee’s comparatively low gas costs, drivers within the state still find some economic relief at the pump as they prepare for summer travel.

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Additional Resources

Nashville Gas Prices Surge Amid Seasonal Demand

HERE Nashville
Author: HERE Nashville

The NASHVILLE STAFF WRITER represents the experienced team at HERENashville.com, your go-to source for actionable local news and information in Nashville, Davidson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as CMA Fest, Bonnaroo Music & Arts Festival, and Nashville Pride Festival. Our coverage extends to key organizations like the Nashville Area Chamber of Commerce and Nashville Health Care Council, plus leading businesses in healthcare, automotive, and technology that power the local economy such as HCA Healthcare, Bridgestone Americas, and Asurion. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HEREMemphis.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.

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Ben Young

Author: HERE Nashville The NASHVILLE STAFF WRITER represents the experienced team at HERENashville.com, your go-to source for actionable local news and information in Nashville, Davidson

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