According to AAA data verified on June 16, 2026, Tennessee gas prices have decreased by 15 cents per gallon over the past week, bringing the state average to $3.12 per gallon. This drop aligns with national trends, as the U.S. average also fell to $3.45 per gallon.
The decline is attributed to lower crude oil prices and increased refinery output, according to energy analysts. Tennessee's current average is 8 cents lower than the same period last year, offering some relief to drivers during the summer travel season.
AAA spokesperson Megan Cooper noted that the drop is partly due to seasonal demand shifts and stable global oil markets. The cheapest gas in Tennessee was found in the Nashville area at $3.05 per gallon, while the most expensive was in Memphis at $3.20 per gallon.
Experts predict prices may continue to fall if crude oil remains below $70 per barrel, but caution that hurricane season could disrupt supply chains. Drivers are advised to shop around for the best prices using apps like GasBuddy.
