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24/7 Wall St.: 10 States with the Cheapest Gas

4. Tennessee

Regular gas price per gallon: $3 .08
Tax per gallon: 21.4 cents (15th lowest)
Number of operating oil refineries: 1

Average gas prices in Tennessee have decreased by 9.7% in the past 12 months (the fourth-biggest decline in the country). In the past month alone, gas prices fell by 28 cents, an 8.3% decrease. According to the Cost of Living Index, low gas prices help drivers in Tennessee enjoy the seventh-lowest cost of transportation in the U.S. Tennessee drivers also pay the 15th-lowest state taxes on gas in the nation, at just 21.4 cents to the gallon, according to the American Petroleum Institute.
(AP Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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