Gas Prices Fall 5.6 Cents In Chattanooga

Monday, July 07, 2014
Average retail gasoline prices in Chattanooga have fallen 5.6 cents per gallon in the past week, averaging $3.31 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 2.3 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 on Sunday were 10.5 cents per gallon higher than the same day one year ago and are 7.
8 cents per gallon lower than a month ago. The national average has decreased 0.7 cents per gallon during the last month and stands 17.5 cents per gallon higher than this day one year ago.

"The national average has started a nice downward trend, even as motorists were hitting the road for July 4," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Yes, gas prices were some of the highest July 4 prices we've seen since 2008, they drifted downward in many communities as the holiday approached. Over the last week, the national average has fallen almost 4c/gal- a trend that could continue with an absence of hurricanes or disruptions from Iraq. Gas prices over the next few weeks could fall more than 10c/gal should the aforementioned situations remain quiet, which is most welcome as the peak of the summer driving season comes into focus."

Tennessee Tops The Nation For Foreign Direct Investment Job Commitments

Tennessee was ranked the top state in the nation for foreign direct investment (FDI) job commitments in 2013 according to the 2014 Global Location Trends report.  The annual report from the IBM Institute for Business Value measured the number of jobs created by foreign-owned companies in each state during the 2013 calendar year.  Following Tennessee in the rankings were ... (click for more)

Compass Auctions To Auction Custom Motorcycle

Compass Auctions and Real Estate announced that the Auction Firm has been selected to host both the online and live auction of a one-off custom KTM 450 in cooperation with RedBull Media House to benefit the Kurt Caselli Foundation.  “This is a once in a lifetime opportunity to own a unique piece of history,” said Steven Holt, vice president of Compass. “It ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

Cold, Wet Front To Make For Chilly And Damp Trick Or Treating; Snow Showers Possible Saturday

A surge of cold, moist air will make for less-than-ideal trick or treat conditions on Halloween night. Temperatures are expected to dip below freezing this weekend. There is a possibility of snow showers in Chattanooga on Saturday. Here is the latest forecast: Today Showers likely, mainly after 5pm. Mostly cloudy, with a high near 58. Calm wind becoming northwest ... (click for more)

Thanks For Publishing The Stokes Photo Book

I pre-ordered the Stokes Photo Book and picked it up Wednesday . The covers and content are very high quality and contain photos you will not see anywhere else.  This book of photos is worth much more than $35.  I have seen many historic photos of my hometown Chattanooga, but this collection is amazing. My favorites are National Cemetery, Confederate Cemetery near ... (click for more)

Roy Exum: Saban: ‘Ratings Don’t Matter’

When the first College Football Playoff rankings were released earlier this week, Alabama football coach Nick Saban got it right on the button when he shrugged, “I don't even care, to be honest with you." "To me, none of it matters, What does it matter?” he laughed at the Tide’s No. 6 ranking. “I mean, it only matters where you end up at the end. So what matters to us is how ... (click for more)