Falling gas price trend to continue, analysts say - WKRN News 2

Falling gas price trend to continue, analysts say

Posted: Updated: June 24, 2012 10:10 PM
NASHVILLE, Tenn. -

Prices at the pump have been steadily dropping about a penny a day.

On Sunday, NashvilleGasPrices.com had the cheapest price listed at $2.97 for a gallon of regular unleaded gas in Smyrna.  There were also several stations in Madison and Gallatin with a gallon at $2.99.

A gallon of regular unleaded gas at Thornton's off of Stewarts Ferry Pike cost $3.05, 11 cents cheaper than the city's average. 

Motorists told Nashville's News 2 they hope the fuel cost decline continues.

"I watch it because you know I get about 25 [miles] to the gallon in my Honda and I noticed in the past week I've been driving here because I fill up daily and it's been dropping here at least a cent a day," Ty Osborne told Nashville's News 2.

For Osborne, who spends a lot of time behind the wheel delivering pizzas, low pump prices don't go unnoticed.

He explained, "Because I pay for my gas out of my tips every night, so I can tell a huge difference you know in how much I save everyday. So yeah it makes a big difference."

The low prices have people eager to travel. AAA is predicting a decade high number of travelers this Fourth of July holiday.

AAA estimated 42.3 million U.S. residents will travel more than 50 miles from home, up 4.9% from a year ago.

Find cheap gas in your neighborhood, visit NashvilleGasPrices.com.

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