Gas Prices Rise 0.8 Cents In Chattanooga

Monday, May 7, 2018
Average retail gasoline prices in Chattanooga have risen 0.8 cents per gallon in the past week, averaging $2.50 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 0.9 cents per gallon in the last week to $2.80 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 49.0 cents per gallon higher than the same day one year ago and are 8.7 cents per gallon higher than a month ago.
The national average has increased 14.5 cents per gallon during the last month and stands 46.5 cents per gallon higher than this day one year ago.


According to GasBuddy historical data, gasoline prices on May 7 in Chattanooga have ranged widely over the last five years:
$2.01 per gallon in 2017, $2.05 in 2016, $2.43 in 2015, $3.51 in 2014 and $3.19 in 2013.

Areas near Chattanooga and their current gas price climate:
Knoxville- $2.52, down 1.3 cents per gallon from last week's $2.54.
State of Tennessee- $2.58, down 0.7 cents per gallon from last week's $2.59.
Huntsville- $2.55, flat from last week's $2.55.

"The rise in gas prices has slowed substantially in the last week in some places, with 15 states seeing gas prices move lower versus last week," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "While we may not be out of the woods yet, especially with President Trump mulling over the Iran nuclear deal, it's possible we're very close. Much will depend on his decision on the subject. Killing the deal may inflict more pain on motorists as it may lead to sanctions placed on Iran and their oil production, which would likely push oil prices higher. With summer gasoline now phased in and reaching motorists gas tanks across the country, it is no longer an active issue pushing prices up. Oil's moves and possible moves will likely be the key catalyst behind changes at the pump in the weeks ahead as summer driving season soon gets underway. Motorists should expect the national average to drift around in the upper $2 per gallon range for much of the summer."

LBMC Adds Employees To Chattanooga Office

Benjamin Brock Resigns As Astec CEO; Richard Dorris Named

Maucere Law Group LLC And Barham Legal LLC Combine To Form Full-Service Business Law Firm


LBMC, one of the Southeast’s largest accounting and business consulting firms, has added the following employees to its Chattanooga office: Hayden Williams has joined LBMC, PC as a senior ... (click for more)

Astec Industries, Inc. (Nasdaq: ASTE) announced that Benjamin G. Brock has resigned as president and chief executive officer and as a member of the board of directors, effective as of the close ... (click for more)

Chattanooga-based law firm Maucere Law Group LLC merged with Nashville and Columbus, Oh. firm Barham Legal, LLC on Jan. 1. The new firm, Barham & Maucere LLC, is a full-service business ... (click for more)


Business

LBMC Adds Employees To Chattanooga Office

LBMC, one of the Southeast’s largest accounting and business consulting firms, has added the following employees to its Chattanooga office: Hayden Williams has joined LBMC, PC as a senior accountant in the audit department. He previously served as an accounting manager for SouthEast Eye Specialists. He holds his bachelor’s and master’s degrees from Carson Newman University. ... (click for more)

Benjamin Brock Resigns As Astec CEO; Richard Dorris Named

Astec Industries, Inc. (Nasdaq: ASTE) announced that Benjamin G. Brock has resigned as president and chief executive officer and as a member of the board of directors, effective as of the close of business on Monday. The board has appointed Richard J. Dorris, P.E., who has served as executive vice president and chief operating officer since 2014, to serve as interim chief executive ... (click for more)

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