Gas Prices Fall 2.5 Cents In Chattanooga

Monday, June 02, 2014
Average retail gasoline prices in Chattanooga have fallen 2.5 cents per gallon in the past week, averaging $3.40 per gallon on Sunday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga. This compares with the national average that has increased 1.2 cents per gallon in the last week to $3.64/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Chattanooga during the past week, prices on Sunday were 24.
5 cents per gallon higher than the same day one year ago and are 11.1 cents per gallon lower than a month ago. The national average has decreased 0.3 cents per gallon during the last month and stands 0.6 cents per gallon higher than this day one year ago.

"It's been another relatively quiet week across most of the country with the national average fluctuating little," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Having said that, some hot spots have emerged- specifically areas of the Great Lakes where prices last week shot within just a tenth of a penny of four dollars per gallon. While that has led Great Lakes and Midwest markets higher, I don't believe the higher prices are sustainable much longer. In many areas that saw large jumps last week we're already seeing relief. For the rest of the country, this week will likely feature little movement as wholesale gasoline prices continue in their funk and as we await the "traditional" decline of wholesale prices to start the summer driving season."

Burlington Opens New Location In Hixson At Northgate Mall

Burlington, a leading national off-price retailer, is opening a brand new location in Hixson at the Northgate Mall located at 345 Northgate Mall on Friday at 9:30 a.m. The retailer will host a ribbon cutting ceremony to celebrate jobs, community, and of course, shopping.  Along with the ceremony, Burlington will host its premier philanthropic program, Burlington Gives ... (click for more)

Supreme Court Determines Inmates Are Not Required To Sue Private Prison Operators In County Where Correctional Facility Located

In a unanimous opinion, the Tennessee Supreme Court has determined that a statute requiring lawsuits by inmates to be brought in the county where they were incarcerated does not apply to inmates housed in a privately operated correctional facility. Sandy Eugene Womack is serving sentences for armed robbery and robbery at the Hardeman County Correctional Facility in Whiteville, ... (click for more)

Erlanger Finishes Fiscal Year With $18 Million Profit

After a major loss the year before, Erlanger Health System finished the fiscal year with an $18 million profit, officials announced Monday night. It was well ahead of the $2 million gain that Erlanger had budgeted for, and far better than last year's $8 million loss. The profit was boosted by a first-time $19,587,000 from a Public Hospital Supplemental payment and essential ... (click for more)

Chancellor Rules That IDB Must Reimburse Attorney Fees, Other Legal Costs For Helen Burns Sharp On TIF Lawsuit

Chancellor Pam Fleenor has ruled that Helen Burns Sharp, who sued over the validity of a $9 million Tax Increment Financing (TIF) for a planned major development on Aetna Mountain, should be reimbursed her discretionary costs as well as her attorney fees. Ms. Sharp said in a recent court filing that her legal bills to attorney John Konvalinka were $74,427 at the time. The ... (click for more)

ChattaData Is A Real Advance For The City

This past Tuesday, the city of Chattanooga's new performance management tool called ChattaData was unveiled. As the chairman of the City Council’s Budget & Finance Committee, I am excited to witness the city putting this important information online in a way that is accessible and transparent to all taxpayers. This approach shines light on how we as a city prioritize our ... (click for more)

Roy Exum: It’s ‘Hate The SEC’ Day

The boo birds came out on the fly on the ESPN website Sunday afternoon, this moments after the latest AP College Football “Top 25” included eight teams from the Southeastern Conference.   What set naysayers aglow was Mississippi State, after upsetting LSU 34-29 Saturday night, debuted on the list at No. 14 while Clemson, playing Florida State in an overtime thriller, got tossed ... (click for more)