Gas Prices Drop 2.0 Cents In Chattanooga

Monday, July 16, 2018
Gasoline prices in Chattanooga have fallen 2.0 cents per gallon in the past week, averaging $2.55 per gallon on Monday, according to GasBuddy's daily survey of 170 stations in Chattanooga. This compares with the national average that has increased 1.3 cents per gallon versus last week to $2.87 per gallon, according to GasBuddy.

Average gasoline prices on July 16 in Chattanooga have ranged widely over the last five years:
$1.
91 per gallon in 2017, $1.82 in 2016, $2.38 in 2015, $3.25 in 2014 and $3.33 in 2013. 


Including the change locally during the past week, prices on Monday were 63.8 cents per gallon higher than a year ago and are 3.6 cents per gallon lower than a month ago. The national average has dropped 2.4 cents per gallon during the last month and stands 63.3 cents per gallon higher than a year ago.

Areas near Chattanooga and their current gas price climate:
Knoxville- $2.62, up 5.4 cents per gallon from last week's $2.57.
State of Tennessee- $2.60, up 1.2 cents per gallon from last week's $2.59.
Huntsville- $2.52, up 1 cent per gallon from last week's $2.51.

"While just over half of the nation's states saw average prices moving lower, the other half saw prices fall. A very mixed week as oil prices collapsed Wednesday, opening the door for a round of late-week price drops, but motorists shouldn't be fooled- it may not last long," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "Two things are for sure in one's lifespan: death and taxes, but you can add uncertainty at the pump, especially this summer. President Trump has talked about tapping into the nation's Strategic Petroleum Reserve to put downward pressure on oil prices, but this would be a grave mistake and only lead to minuscule drops at the pump and only temporarily. Last week's plummet in oil prices came thanks to Libya signaling it would resume oil exports, if there's anything to learn here it's that President Trump has little power over global supply and demand, and if anything, there's few options for the President to bring real change to gas pumps: slow motorists appetite for fuels, see sustainable increases in production or slow down the abrasive and inflammatory rhetoric that spooks the oil market. Until then, there's only one predictable outcome for gas prices for the remainder of the summer: volatile."


Trident Transport Ranks No. 1 In Chattanooga And No. 400 in America On 2018 Inc. 5000

Inc. magazine revealed last week that Trident Transport is No. 1 in Chattanooga and No. 400 on its 37th annual Inc. 5000, a ranking of the nation’s fastest-growing private companies. The list represents a look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses, said officials. Microsoft, Dell, Domino’s Pizza, Pandora, ... (click for more)

Five Star Food Service Completes Acquisition Of Mid South Services, LLC

Convenience service provider Five Star Food Service Monday announces the acquisition of Mid South Services, LLC, a Canteen franchise based in Muscle Shoals, Al.  South Services has been in business since 1968 and has grown to one of the region’s top convenience service providers offering micro markets, pantry, full-line vending, premium coffee, water, dining, and catering ... (click for more)

Authorities Say Hixson Man Shot And Killed His 15-Year-Old Son On Saturday Night; Also Killed Family Dog

Authorities said a Hixson man shot and killed his 15-year-old son on Saturday night. A report says Mike McElrath, 46, who was found naked at a neighbor's house, also killed the family dog. McElrath was a former Hamilton County corrections officer from 1996-1999. County deputies responded at 10:24 p.m. to 1846 Cotter Road. The residents said there was a man on their front ... (click for more)

Gary Douglas, 25, Shot Early Sunday Morning; Dewayne Stanley, 24, Is Arrested

Gary Douglas, 25, was shot early Sunday morning, and Dewayne Stanley, 24, was arrested.   The Chattanooga Police Department responded at approximately  3 a.m.   to a person shot on the 4700 block of Murray Lake Lane. Upon arrival, officers were able to locate Douglas, who was suffering from a non-life threatening gunshot wound.   Investigators ... (click for more)

Use Purse Building For Chattanooga Museum Of History And Industry

I was caught off-guard and pleasantly stoked by Eric Atkins' editorial on Chattanoogan.com last week suggesting that one of the soon-to-be surplused city buildings could be turned into a history museum.   I didn't think anyone other than myself that I didn't know cared, or at least would turn their thoughts into the topic of an editorial.  I believe that most of the ... (click for more)

Roy Exum: Many Math-Tragic Replies

The reaction to my Sunday story, “90% Can’t Do Math,” was fast and furious yesterday. A surprising number of the replies were from teachers, confirming the fact that only nine percent of the pupils in our Hamilton County Public Schools are getting the education that every taxpayer know will actually shape the lives these students will live. Because my stories are shared on the ... (click for more)