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Gas Prices Soaring in Tennessee, Nationwide
Description
Gas prices soaring in Tennessee, reaching four dollars twenty-five cents in Davidson County, a full one dollar forty cents higher than last year. Global supply issues, particularly concerns over the Strait of Hormuz, are driving this increase. Despite a dip in crude oil prices, pump prices continue to rise due to tight supplies. Tennesseans are hitting the roads for Memorial Day, setting a new record, leading to the priciest holiday gas bill since 2022. Prices vary county to county, with the highest in Williamson and Clay at four dollars thirty-three cents, and the lowest in Rhea at three dollars ninety-nine cents. Nationally, Californias prices top six dollars sixteen cents, while Oklahomas are at three dollars ninety-eight cents. The Trump team is considering a federal gas tax suspension, but volatility persists until the Strait of Hormuz issue is resolved.
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