Gas Prices Fall 3.3 Cents In Chattanooga

Monday, August 11, 2014
Average retail gasoline prices in Chattanooga have fallen 3.3 cents per gallon in the past week, averaging $3.10 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 1.7 cents per gallon in the last week to $3.47 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Chattanooga during the past week, prices Sunday were 17.0 cents per gallon lower than the same day one year ago and are 20.6 cents per gallon lower than a month ago. The national average has decreased 15.4 cents per gallon during the last month and stands 8.2 cents per gallon lower than this day one year ago.

"Motorists taking those late summer vacations continue to see their risk paying rewards: gasoline prices continue to hold near the lowest levels of the summer," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "It's relatively rare to see prices holding lower in the mid-to-late summer, as hurricanes tend to weigh on prices and demand for gasoline is highest during the second half of the summer. However, oil prices rallied in mid-June, altering the behavior of gasoline prices, and after the situation in Iraq cooled, it let to a widespread selloff in commodities that led to cheaper oil prices and refineries passed the savings onto motorists.

"Prices today versus last year are lower in many communities across the country. Meanwhile, the Great Lakes has seen its low prices thrust higher after several refinery issues and planned maintenance culminated at the same time, leading to a drop in available supply, leading to higher prices. The best news is that as the driving season concludes, prices are likely to drop- most significantly in late September through the holidays."


TVA’s Stewardship Mission Highlighted At Board Of Directors Meeting

The Tennessee Valley Authority’s stewardship mission was the main theme of today’s TVA Board of Directors meeting in Paris Landing State Park, Tenn.             “TVA’s mission is to help improve the quality of life for the people of the Tennessee Valley,” said TVA President and CEO Bill Johnson. “We do that by being fiscally ... (click for more)

Speed Deluxe, Silent Cycles And Velo Coffee Roasters Opens New Shop

peed Deluxe Vintage & Bespoke Motorcycles and Silent Cycles are opening a retail shop in collaboration with Velo Coffee Roasters in North Chattanooga on June 11.  The space on Cherokee Boulevard will house Velo’s second Chattanooga coffee bar operating alongside the motorcycle and bicycle businesses. The shop, called Speed Deluxe, will open for service the ... (click for more)

Mayor Berke Pledges $6 Million For New Recreation Center At Avondale

Mayor Andy Berke announced Thursday that he plans to include $6 million in his upcoming budget for a new Recreation Center at Avondale. He said at a press conference at the current center on Dodson Avenue, "We want to make an investment in Avondale." Mayor Berke said the current center by Wilcox Boulevard was built in 1949 and last remodeled in 2002. The new center, which ... (click for more)

Developer Plans Single-Family Homes, Townhomes, Apartments, Retail On 7.5 Acres At South Broad Street

A developer is planning single-family homes, apartments, townhomes and retail on a 7.5-acre South Broad Street site. The development by South Broad LLC and DEW LLC is located within several blocks between South Broad Street, W. 26th Street, Long Street and W. 27th Street. It would include a 3-story U-shaped apartment building with ground floor retail at the north end of the ... (click for more)

Thankful For The Vital Role Teachers Played In My Life

Re: Roy Exum: Teachers Day Tomorrow Roy, I am especially appreciative of your poignant column written in tribute to teachers.  It made me tear up, as I have encountered both as a student and a career educator-- teachers like the second-grade teacher who said, "I wish you were my little girl" and teachers like Mrs. Poindexter.   My teachers have played such a vital ... (click for more)

Roy Exum: The DA’s Cold-Case Quest

It is clearly a job nobody can do for over an hour or two, but Neal Pinkston, working in hand with precise professionals from the county’s auditing department, is intent on doing the right thing. As I watched a revolving team of four people at a time open and study envelopes of autopsy photographs on Tuesday, the scene would have made a fascinating television documentary. But ... (click for more)