January's national average price for a gallon of gas holds steady around $3.30, but here in Murfreesboro many discounters are offering regular for $3.06 per gallon. By the way, that's the same price as a week ago Monday. Pump prices will likely remain stable for the remainder of the month as multiple factors place equal pressure on oil prices.
Poor job data and lackluster fuel demand place downward pressure on crude prices, while a weak dollar and increased oil imports in China keep prices elevated. December's payrolls rose at the slowest pace since January of 2011, according to the Labor Department. Whereas China's imports of crude jumped 13 percent year-over-year for the month of December.
The national average for a gallon of regular, unleaded gasoline is $3.31, 1-cent less than last week. Florida's average of $3.39 fell 3 cents from last week. Georgia’s average of $3.21 fell 2 cents, while Tennessee's average of $3.12 dropped 1-cents from last week.