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Gas Prices Rise in Tennessee Amid National Increase

1/21/2026

22 2 Full Breakdown

Summary

Story summary

Gas prices in Tennessee rose by five cents last week, averaging $2.49 per gallon.
Tennessee is 31 cents cheaper than last year and the 12th least expensive state for gas.
South Carolina's price fell to $2.47, a 33.1-cent drop from last year.
Nationally, gas prices rose to $2.76 per gallon after seven weeks of decline.
Demand for gasoline rose as production averaged 9.0 million barrels per day.

History

Historical Context

In 2008, U.S. gas prices surged to an average of $4.11 per gallon, driven by rising crude oil prices, which peaked at $147.27 in July. This spike marked the first decline in U.S. gasoline consumption in 17 years, reflecting broader economic concerns. Today, fluctuating gas prices, averaging $2.49 in Tennessee, continue to impact consumer behavior and economic stability.

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Story summary

Gas prices in Tennessee rose by five cents last week, averaging $2.49 per gallon.
Tennessee is 31 cents cheaper than last year and the 12th least expensive state for gas.
South Carolina's price fell to $2.47, a 33.1-cent drop from last year.
Nationally, gas prices rose to $2.76 per gallon after seven weeks of decline.
Demand for gasoline rose as production averaged 9.0 million barrels per day.

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