Gas Prices Are Rising In Tennessee With No End In Sight

Gas prices in Tennessee are on a steady rise.

Prices are currently up a dollar more than this same time last year. Crude oil prices have rose to $80 a barrel, causing gas to rise between $2.93 and $3.29, with the average price of $3.01 a gallon.

This spike in pricing is apparently due to issues with supply and demand. OPEC, The Organization of the Petroleum Exporting Countries, has decided not to move forward with producing 800,000 barrels a day and instead stick to the 400,000 barrels previously agreed upon.

One positive is that the Nashville average is 26-cents less than the nation's average, which is at a 7-year high.


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