Local gas prices on the decline

JOHNSON CITY, Tenn. - If you've filled up at the pump recently, you may have noticed gas prices are going down.

News 5 checked with AAA in Johnson City and learned that's expected to continue.

AAA reports in Tennessee the price of a gallon of gas has dropped 11 cents this past week, and Virginia has dropped nine cents.  

Johnson City's AAA branch manager Donna Ottinger told us those prices could go down another 50 cents by mid-November.  She said even though it's election season, it's not a political move.

A decrease in demand for fuel, a weakening Euro, and high U.S. oil supplies are easing the pain at the pump.

"The U.S. Energy Department has said that the output is at its highest level in 17 years, so it's that old supply and demand that we've seen over the years making a huge impact on the cost as well," Ottinger added.

If you're wondering why that price may vary from city to city, we're told a lot of that has to do with different tax rates in local cities and counties.

Most Popular