Gas Prices Drop 5 Cents In Chattanooga

Monday, November 12, 2012

Average retail gasoline prices in Chattanooga have fallen five cents per gallon in the past week, averaging $3.15 per gallon on Sunday. This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.46 per gallon, according to gasoline price website ChattanoogaGasPrices.com.

Including the change in gas prices in Chattanooga during the past week, prices Sunday were 7.1 cents per gallon lower than the same day one year ago and are 37.0 cents per gallon lower than a month ago. The national average has decreased 32.6 cents per gallon during the last month and stands 3.1 cents per gallon higher than this day one year ago.

"The national average has again decreased in the last week, but the decreases are beginning to slow down," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Wholesale gasoline prices rose strongly on Friday which could send prices higher in states with among the lowest prices in the United States. The fuel tightness has also continued in NYC- for those in Sandy's wake, fuel availability remains difficult, and is the reason GasBuddy has implemented an emergency fuel availability service." 

The Hurricane Sandy fuel availability site can be found by navigating to http://www.gasbuddy.com/sandy/.



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