Tennessee Gas Prices: Everything You Need To Know
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Tennessee gas prices can give drivers a wide range of options, availability, and even quality based on location and supplier. Despite the fact that nearly all gasoline originates from the same pipes, the additive packages vary significantly between brands and various factors into the actual cost. Shop around to get the greatest combination of quality, price, and service. There are great resources and tools today for finding the best prices available across the state.
Although the state’s fossil energy reserves are small, coal, natural gas, and oil that are produced come from the eastern half of the state. The state’s large travel distances, along with its function as a logistics hub, contribute to varying costs and availability. Tennessee has few proven crude oil reserves and produces less than 0.01 percent of the country’s crude oil. The state’s yearly oil production was less than 200,000 barrels in 2020 and was the lowest amount produced since the late 1960s.
Tennessee has just one petroleum refinery, which is located in Memphis and can process around 180,000 barrels of crude oil per calendar day. This accounts for only about 1% of total refining capacity in the United States, per the EIA.
Statewide average
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Tennessee gas prices: what factors influence the cost of gasoline?
- Marketing and sales 10%
- Refining costs and company revenue and profits 25%
- State and federal taxes 22%
- Crude oil costs 43%
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On a national level Tennessee gas prices are right in the middle compared to the rest of the country:
- California $4.67
- Hawaii $4.40
- Washington $3.95
- Oregon $3.92
- Nevada $3.85
- Alaska $3.78
- Arizona $3.64
- D.C. $3.63
- Illinois $3.61
- Pennsylvania $3.61
- New York $3.58
- Connecticut $3.56
- Idaho $3.52
- New Jersey $3.49
- Vermont $3.48
- Florida $3.46
- Maine $3.46
- Massachusetts $3.44
- Rhode Island $3.43
- Montana $3.40
- Maryland $3.39
- Utah $3.37
- Delaware $3.37
- Michigan $3.37
- New Hampshire $3.36
- Indiana $3.35
- Wyoming $3.34
- Colorado $3.32
- New Mexico $3.30
- North Dakota $3.28
- West Virginia $3.28
- Minnesota $3.28
- South Dakota $3.27
- Ohio $3.26
- Virginia $3.26
- Georgia $3.24
- Iowa $3.24
- Nebraska $3.23
- North Carolina $3.20
- Wisconsin $3.20
- Louisiana $3.17
- South Carolina $3.17
- Kansas $3.15
- Alabama $3.15
- Tennessee $3.13
- Kentucky $3.13
- Missouri $3.11
- Oklahoma $3.11
- Texas $3.10
- Arkansas $3.09
- Mississippi $3.08
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Tennessee gas prices by major metro area
Chattanooga
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Clarksville-Hopkinsville
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Cleveland
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Jackson
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Johnson City
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Kingsport-Bristol
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Knoxville
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Memphis
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Morristown
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Nashville
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Just like most states, Tennessee gas prices can vary drastically by your location, time of the year, and what type of fuel grade you’re getting. Your driving habits and type of vehicle will impact the total amount you spend, but it’s always a good idea to at least check a few gas stations nearby if there are more than one to make sure you’re getting the most bang for the buck.
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