Gas Prices Fall 3.9 Cents In Chattanooga

Monday, July 29, 2013

Average retail gasoline prices in Chattanooga have fallen 3.9 cents per gallon in the past week, averaging $3.33 per gallon on Sunday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga. This compares with the national average that has fallen 2.7 cents per gallon in the last week to $3.65 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Chattanooga during the past week, prices Sunday were 12.2 cents per gallon higher than the same day one year ago and are 11.5 cents per gallon higher than a month ago. The national average has increased 14.0 cents per gallon during the last month and stands 15.0 cents per gallon higher than this day one year ago.

"After an impressive run that saw the national average begin to approach its springtime high, it appears prices have plateaued- at least for now," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Oil prices appear to be taking a breather, but with the peak of hurricane season approaching, a continued upward trajectory in gasoline prices is certainly possible, should we see a major storm take aim for the Gulf.  Crude inventories have also declined four consecutive weeks, and large decreases in crude inventories in the near future may be cause for rising oil prices as well."



Miller & Martin Attorney Doug Johnson Elected President Of U.S. Section Of FICPI

Miller & Martin announced Douglas Johnson, Of Counsel in the firm’s Intellectual Property group, was elected president of the U.S. Section of the Fedération Internationalé des Conseils en Propriété Industrielle. His term will run through June 2020. Mr. Johnson is assuming the duties from President Andrew D. Meikle of Birch, Stewart, Kolasch & Birch, LLP, whose term ends ... (click for more)

Advance Financial Adds Tenth Store In Chattanooga Area

Advance Financial continues its expansion with the opening of their 90th store in Kimball. Advance Financial’s mission is to expand its market presence to 100 storefronts in Tennessee with a digital footprint spanning 20 states by the end of 2018.  The new location for Advance Financial, at 725 Main St., is now open for business and will remain open 24/7 thereafter. Advance ... (click for more)

Former County Mayor, Deputy Governor Claude Ramsey Dies

Former County Mayor and Deputy Governor Claude Ramsey has died after a recent illness. Mr. Ramsey held a number of top government posts after leaving his strawberry farm at Harrison and going into politics. He was a major factor in the development of the Enterprise South Industrial Park and landing Volkswagen as its main tenant. He served in the state legislature and was ... (click for more)

Gerald McCormick Pulls Out Of House Race After Move To Nashville; Greg Martin, Tony Sanders, Robin Smith Eye Post

Former House Majority Leader Gerald McCormick has decided to pull out of the House District 26 race and take a position with an engineering firm in Nashville. Among the top contenders considering the post are County Commissioner Greg Martin, former county Republican Party Chairman Tony Sanders and former state GOP Chairman Robin Smith.  Rep. McCormick's wife, Kim, ... (click for more)

Will Chattanooga Miss Another Reinvestment Opportunity?

In April, First Tennessee Bank and the National Community Reinvestment Coalition announced an agreement on a $3.9 billion reinvestment plan for economic development in low to moderate income communities under the 1977 Community Reinvestment Act. The Chattanooga Times Free Press soon followed with an article reviewing the plan in depth. The plan presented Chattanooga, as well as ... (click for more)

Roy Exum: Are We Like Nazis?

Four years after William Styron’s best-seller ‘Sophie’s Choice,’ had achieved the highest height of an atrocity that the literary world had known at the time, a little girl who was birthed the same year as the book (1979) was cast as Meryl Streep’s daughter in the movie. The four-year-old blonde knew nothing about evil, not to mention the Holocaust, but she became enamored with ... (click for more)