Gas was selling for less than $2 per gallon at several gas stations in Clinton and Anderson County on Thursday.
At least three gas stations near Interstate 75 and State Route 61 in Clinton were selling regular unleaded gasoline for $1.98 per gallon. Several other gas stations in Anderson County along SR 61, which turns into Oak Ridge Turnpike in Oak Ridge, were also selling fuel for $1.98.
Gas in Oak Ridge appeared to be about $0.15 more expensive, selling at several stations for $2.13 or $2.14 per gallon.
However, some stations in Oak Ridge, Clinton, and Anderson County offer even lower prices to customers with loyalty or reward cards.
On Friday, the Fuel Gauge Report by AAA said the current average for regular unleaded in the United States was $2.231. That was down from $2.324 a week ago, about a nine-cent drop. It was roughly 53 cents below the $2.760 average a month ago and close to a $1.09 drop from the $3.325 average a year ago.
The average gas price is lowest in Missouri, where it’s $1.897, according to GasBuddy.com.
Fortune reported that the price of a barrel of crude oil was down to $52.69 a barrel on Friday, the lowest finish in more than five years. Prices have fallen nearly 50 percent since their peak in 2014.
Vox, which has published a story on why oil prices keep falling, said the price of Brent crude was up to around $115 per barrel back in June. By the end of the year, it had fallen in half, down to $57 per barrel.