Tagged: aaa fuel gauge report

11:39am

Mon February 20, 2012
Prices May Dent Tennessee's Economic Recovery

Conflict with Iran Driving Gas Prices Higher

MURFREESBORO, Tenn. (WMOT)  --  The nation has seen a rapid rise in fuel prices in recent weeks. The Triple “A” Fuel Gauge report says the average price for regular gas in the U.S. now stands at is $3.55.

The average price here in Tennessee is up to $3.48. Middle Tennessee’s prices are some of the highest in the state at $3.52.  Memphis and Knoxville stand at $3.46 and regular gas in Chattanooga is selling for $3.49.

Dr. Murat Arik, an economist with Middle Tennessee State, says if gas prices remain higher for any length of time, it could put a serious dent in the state’s economic recovery.

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