Tennessee gas prices hold steady ahead of school year

Published 5:26 pm Monday, July 28, 2025

NASHVILLE — The Tennessee Gas Price average is $2.77 holding fairly steady at just one cent more than this time last week. None of the metro city averages moved more than three cents over the last week. Looking back, the Tennessee average is two cents less than a month ago and 29 cents less than a year ago.

“Tennessee gas prices are holding steady for anyone planning a last minute road trip before school begins,” said Stephanie Milani, spokesperson for AAA — The Auto Club Group. “As parents look toward the start of another school year, prices will likely fluctuate little through the end of summer barring any crude oil price swings.” 

National Gas Prices

 The national average for a gallon of regular is $3.14, the same as last week. The summer of lower gas prices continues thanks to crude oil prices averaging around $65 a barrel. Pump prices so far in 2025 haven’t had any major spikes or dips compared to other recent years.

National Oil Market Dynamics

At the close of Wednesday’s formal trading session, WTI fell 6 cents to settle at $65.25 a barrel. The EIA reports crude oil inventories decreased by 3.2 million barrels from the previous week. At 419 million barrels, U.S. crude oil inventories are about 9% below the five-year average for this time of year.