AAA: Big bump in Tennessee gas prices just ahead

AAA: Big bump in Tennessee gas prices just ahead

Month over month, the price is up almost 18 cents a gallon and is about 30 cents a gallon higher year over year.

The highest average prices per gallon last week were reported from California ($3.55); Hawaii ($3.48); Alaska ($3.22); Washington ($3.20); Nevada ($3.11); OR ($3.09); Utah ($2.97); Pennsylvania ($2.94); Idaho ($2.93); and NY ($2.80).

Chattanooga gas prices still remain 25 cents per gallon below the USA average of $2.71 per gallon, according to Gasbuddy.com. Since then, the highest recorded average has already surpassed this year's high. "Crude oil is selling at high prices compared to previous years and domestic gasoline demand has been high most of the winter among the factors all driving gas prices up and draining consumers' wallets".

Gas Buddy historical data reveals that Long Island gas prices since 2008 have fluctuated greatly over the past 10 years, with a recorded high of $4.33 per gallon in 2008 and recorded low of $1.79 back in 2009.

Gas prices in Chattanooga have risen to the highest level in six months and are likely to increase more this week in the wake of last week's attacks on Syria.

On Monday, crude oil was more than $67 per barrel, the highest since December 2014, pushing the national average to $2.71 per gallon, the highest since July 2015.

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The price of gas has been increasing since February. Although Syria is not a major oil producer, AAA says tension in the country could ripple to other countries in the region and restrict global oil supply flows. "But the recent OPEC cuts have made that a little tighter".

Meanwhile, demand for gasoline in the United States is essentially flat from previous year.

Gas prices are continuing to rise in Decatur and the state.

The seasonal surge at gas pumps is in full motion, causing the most dreaded time of year for fearful motorists, especially of what may still be coming.

"That could be very close to what we expect this time around", DeHaan said.

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