Gas Prices Drop 5 Cents In Chattanooga

Monday, September 16, 2013

Average retail gasoline prices in Chattanooga have fallen 5.0 cents per gallon in the past week, averaging $3.24 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 4.5 cents per gallon in the last week to $3.54 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Chattanooga during the past week, prices Sunday were 36.5 cents per gallon lower than the same day one year ago and are 2.0 cents per gallon higher than a month ago. The national average has decreased 2.7 cents per gallon during the last month and stands 31.6 cents per gallon lower than this day one year ago.

"The national average has seen some downward direction in the last week, but the best is likely yet to come," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "While there certainly are a few issues that could impact gasoline prices on our plate, the switch over back to winter gasoline has begun, and I do expect that gas prices may continue to move downward this week for most of the United States. California, however, does have some recent refining kinks that may mean it joins the lower price party a bit later, but by Halloween, my expectation is the national average will stand five to fifteen cents per gallon lower than where it is today."


CBL & Associates Declares Common Stock Dividend And Preferred Stock Dividend

CBL & Associates Properties, Inc. on Friday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.265 per share for the quarter ending March 31. The dividend is payable on April 17 to shareholders of record as of March 30.  The Board also declared a quarterly cash dividend of $0.4609375 per depositary share ... (click for more)

Covenant Transport To Pay $30,000 To Settle EEOC Disability Discrimination Suit

Covenant Transport, Inc. will pay $30,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced Friday.   The EEOC’s suit had charged that Covenant discriminated against an applicant for a commercial truck driver position on the basis of his disability. Covenant conditionally ... (click for more)

2 Homes Totally Destroyed By Fire On Sunday In Separate Blazes

Two homes were totally destroyed by fire in separate blazes on Sunday afternoon. At  5 p.m. , a neighbor called 911 reporting a house fire at 3910 Fairmont Pike on Signal Mountain. Walden's Ridge Emergency Services responded and arrived on the scene reporting a fully involved house fire. A mutual aid response was requested for additional manpower and apparatus ... (click for more)

Signal School Study Says Under Own School System Much More Could Go To The Classroom; Lennon Says Getting Land, Buildings A Major Issue

A panel studying a new school system operated by Signal Mountain concluded that much more money could go directly into the classroom, helping students further increase their potential.   However, County School Board member Kathy Lennon said how the town would be able to acquire the land and buildings is a major issue.   A group of Signal Mountain residents ... (click for more)

CVB Should Share Financials With The Home Folks

The recent debate over the Convention and Visitor's Bureau's funding and budget has gotten ugly. A Hamilton County commissioner has asked questions and made comments about the CVB. The director of the CVB has organized a campaign to dismiss the commissioner's questions and comments. The children on the playground are choosing sides and nothing useful seems to be happening. It's ... (click for more)

Roy Exum: Trump's Latest Delight

I was quite amused this week when Donald Trump’s administration “locked out” several news organizations from the daily press briefings at the White House. The reason I loved it because in the 50 years I have spent in the news business, I have been locked out of press conferences, too. To be truthful, I am a longtime veteran of a bunch of “you versus me” squabbles and, if I do say, ... (click for more)