AAA reports that gas prices across Tennessee fell three cents on average over the last week. The Tennessee gas price average is now $2.73 which is 11 cents less expensive than one month ago and 53 cents less than one year ago.
The national average for a gallon of gas fell by four cents from last week to $3.17.
The devastation from Hurricane Helene did little to impact gasoline supply, but it crushed demand in affected areas by destroying infrastructure and causing power outages.
Overseas, the ongoing tensions between Iran and Israel are fueling fears that a war could disrupt oil shipments through the Straits of Hormuz, a vital chokepoint for maritime traffic. This has led to oil prices creeping higher.
