Gas Prices Drop 3.4 Cents In Chattanooga

Monday, October 15, 2018
Gasoline prices in Chattanooga have fallen 3.4 cents per gallon in the past week, averaging $2.58 per gallon on Monday, according to GasBuddy's daily survey of 170 stations in Chattanooga. This compares with the national average that has fallen 2.6 cents per gallon versus last week to $2.88/g, according to GasBuddy.

Average gasoline prices on Oct.
15 in Chattanooga have ranged widely over the last five years:

$2.21 per gallon in 2017, $2.05 in 2016, $1.95 in 2015, $2.86 in 2014 and $3.09 in 2013. 

Including the change locally during the past week, prices on Monday were 36.5 cents per gallon higher than a year ago and are 11.4 cents per gallon higher than a month ago. The national average has increased 2.6 cents per gallon during the last month and stands 42.5 cents per gallon higher than a year ago.

Areas near Chattanooga and their current gas price climate:
Knoxville- $2.63, up 1.1 cents per gallon from last week's $2.62.
State of Tennessee- $2.67, down 1 cent per gallon from last week's $2.68.
Huntsville- $2.63, unchanged  from last week's $2.63.

"The last week has seen a flurry of events to keep an eye on, while the recent drop in oil prices materialized at pumps across the country, but no where have the declines been as large as Great Lakes states," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "Great Lakes states have wreaked havoc on the national average, sending it down considerably as stations there have passed along the recent drop in oil prices relatively quickly. However, while Great Lakes motorists were seeing lower prices, average prices along the West Coast, mainly in Washington and Oregon, have started to jump after a natural gas pipeline explosion last week pushed some refineries to close. In addition, events in Saudi Arabia bear monitoring as the West claims the Kingdom is behind the disappearance of a Washington Post journalist and could rile tensions between the world's largest oil consumer and one of the world's largest oil producers. I believe gas prices in most areas East of the Rockies will drift lower, but keep an eye out on these new developments. I don't know that I've ever seen autumn so rife with possible volatility at the pump as we're seeing now."

Chattanooga Chamber Calendar Of Events For March 26-29

Tennessee's Unemployment Rate Hits Record Low In February

Junk King Chattanooga Welcomes New Ownership


March 26, East Brainerd Chamber Council Meeting 11:30 a.m. to 1 p.m. The Chattanooga Event Center: 2193 Park Dr. Speaker: Steven Wagner, Erlanger Health System Foundation $12 ... (click for more)

The statewide unemployment rate in Tennessee dropped to a new historic low in February according to data released Thursday by the Tennessee Department of Labor and Workforce Development (TDLWD). ... (click for more)

Junk King, the nation’s leading junk removal company, announced the Chattanooga location has new ownership with local resident Tiffany Bryant. Pursuing her vision of entrepreneurship, Mrs. ... (click for more)


Business

Chattanooga Chamber Calendar Of Events For March 26-29

March 26, East Brainerd Chamber Council Meeting 11:30 a.m. to 1 p.m. The Chattanooga Event Center: 2193 Park Dr. Speaker: Steven Wagner, Erlanger Health System Foundation $12 March 26, LCAA PM Regathering 4:30 to 6:30 p.m. Virgola: 608 Georgia Ave. Leadership Chattanooga graduates and guests are invited to stop by for networking and to catch up with LC ... (click for more)

Tennessee's Unemployment Rate Hits Record Low In February

The statewide unemployment rate in Tennessee dropped to a new historic low in February according to data released Thursday by the Tennessee Department of Labor and Workforce Development (TDLWD). The seasonally adjusted rate of 3.2 percent is 0.1 of a percentage point lower than the previous historic low. Tennessee reached its previous record low unemployment rate of 3.3 percent ... (click for more)

Breaking News

Worker At Western Sizzlin Restaurant At Ooltewah Diagnosed With Acute Hepatitis A; Persons Who Ate There March 10-20 Urged To Get Vaccine

Chattanooga-Hamilton County Health Department officials confirmed Friday that an employee working at the Western Sizzlin Restaurant, 6021 Relocation Way, Ooltewah, has been diagnosed with acute hepatitis A. The restaurant employee worked at the restaurant while contagious March 10-20. Persons who ate at this restaurant during these dates should get vaccinated with the hepatitis ... (click for more)

Bankston Favors Sewage Consolidation; Eyes Sewage Plant In East Ridge; Boyd Says Ooltewah Residents To Go Back To "Chamber Pots And Outhouses"

County Commissioner Chester Bankston said consolidation of the city and county sewer programs "is the number one answer for our sewage problems." "It's the best answer for our taxpayers and ratepayers," said the commissioner who serves on a committee of Ooltewah area residents looking into the sewage issue. The panel is set to give its recommendations to officials of the Hamilton ... (click for more)

Opinion

Growth Can Continue At Ooltewah On Septic Tanks

I want to set the record straight about growth in North Hamilton County. On Feb. 21, 2019, County Mayor Coppinger called a “reset” meeting with the residents of Ooltewah/Harrison over the proposed sewer plant in North Hamilton County. In front of this community, I stood up and specifically asked the county mayor if growth could continue in Ooltewah and Harrison on septic tanks ... (click for more)

Our Roads Need To Be Repaired For Ironman

Chattanooga being a finalist for the 2021 Ironman is great news. The business gained at the local bicycle repair shops from bent rims, busted tires and warped frames should produce some great local revenue. The local physicians should see a surge as well from the twisted ankles and busted up knees from dips, humps and pot holes on our area roads that could swallow a small child. ... (click for more)