Gas Prices Hold Steady Across Tennessee, Georgia, South Carolina Amid Demand Shifts

Gasoline prices across Tennessee, Georgia, and South Carolina have remained relatively stable recently, with Tennessee averaging $2.76 per gallon, Georgia holding steady at $2.91, and South Carolina at $2.77. Compared to last year, prices are significantly lower, with Tennessee down 32 cents, Georgia down 38 cents, and South Carolina down about 32 cents per gallon. Despite slight increases in crude oil prices and gasoline demand, these changes have not substantially impacted pump prices, offering relief to drivers as the summer travel season winds down. Nationally, the average price of regular gasoline is around $3.14 to $3.15 per gallon, with crude oil prices near $70 per barrel and U.S. crude inventories about 6% below the five-year average. Analysts note that OPEC+ plans to raise oil production in September, which, along with economic concerns, could contribute to stable or potentially declining gas prices in the coming weeks. Additionally, electric vehicle charging rates in Georgia have remained steady, averaging 38 cents per kilowatt-hour.