Tennessee’s average gas price has seen a slight decrease of three cents, now standing at $2.51 per gallon as of February 2, 2026. This marks a decline of one cent compared to last month and is 29 cents lower than the average price recorded a year ago.
Despite this decrease, localized gasoline outages have emerged across the state due to recent winter weather conditions. Areas affected include Nashville, Cleveland, Jackson, Morristown, Knoxville, and Clarksville. The impact of winter weather on fuel availability has raised concerns among consumers, even as the overall trend in gas prices continues to decline.
Looking forward, experts predict that gas prices in Tennessee will remain lower in the near term. However, some volatility may still occur, influenced by factors such as crude oil prices and market demand. Currently, West Texas Intermediate crude oil is priced at $63.21 per barrel.
On a national level, the average gas price is reported to be $2.87 per gallon, highlighting that Tennessee’s prices are significantly lower than the national average. This trend may offer some relief to consumers in the state, especially as they navigate challenges posed by winter weather.
As the situation evolves, residents are encouraged to stay informed about local gas prices and any potential changes due to ongoing weather conditions. The combination of lower prices and localized outages creates a unique scenario for consumers in Tennessee, who may need to adjust their fueling strategies in response to the current market dynamics.
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