AAA: Tennessee gas averaging $2.34 per gallon - Memphis Business Journal:

ukatekexo.wordpress.com
The retail price of a gallon of gas rose 4 cent s in the past week in AAA South puts the Tennesseew average gallon of gasat $2.33o9 now. That’s more than the $2.292 motorists paid a week ago and well aboverthe $1.910 they paid on averagse last month. However, it is much lowee than the $3.832 gas customers paid this time last Florida and Georgia prices rose by 6 cents in thepast "The current retail price trendx has been pushed by refinery reductions, crude and wholesale price but not by consumer demand,” Gregf Laskoski, managing director of publixc relations for AAA South, said in a statement.
“On May 1, the nationao average price of gasoline was 45 cents per galloh less than itis today. Even the most bullisyh of analysts would have to expect the rateof (retailp gasoline) price increases to slow down in coming weeks since all rallies come to an A barrel of crude oil closedf $4.64 higher this week over last week at Crude would need to trade at abouft $100 per barrel for gas prices to hit $3. But that is well aboves this year’s highest projections of $70-$75 per barrel, according to Tom Kloza, publisher and chief oil analystat .
, a trade publicationn for the oil industry reporting on retail andwholesalee prices, said this week “history is on the side of a pricd decline.”