Gas Prices Drop 0.6 Cents In Chattanooga

Monday, June 4, 2018
Gasoline prices in Chattanooga have fallen 0.6 cents per gallon in the past week, averaging $2.64 per gallon on Sunday, according to GasBuddy's daily survey of 170 stations in Chattanooga. This compares with the national average that has fallen 1.9 cents per gallon versus last week to $2.94, according to GasBuddy.

Average gasoline prices on June 4 in Chattanooga have ranged widely over the last five years:
$1.99 per gallon in 2017, $2.18 in 2016, $2.50 in 2015, $3.40 in 2014 and $3.18 in 2013. 

Including the change locally during the past week, prices on Sunday were 64.5 cents per gallon higher than a year ago and are 12.5 cents per gallon higher than a month ago.
The national average has increased 13.4 cents per gallon during the last month and stands 57.8 cents per gallon higher than a year ago.


Areas near Chattanooga and their current gas price climate:
Knoxville- $2.67, down 3.8 cents per gallon from last week's $2.70.
State of Tennessee- $2.68, down 3.1 cents per gallon from last week's $2.72.
Huntsville- $2.63, down 0.3 cents per gallon from last week's $2.63.

"Finally some moderation has hit tens of thousands of gas stations across the country, following the drop in oil prices in recent days," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "We may have dodged a bullet in avoiding the $3 per gallon level for now, but not everything is rosy yet. While nearly forty states saw average prices drop in the last week, ten still saw small increases, so this is not an all-inclusive party by any means. Prices remain well above their year ago level, costing the country $228 million more every day versus a year ago. Moving forward, all eyes remain on OPEC and their coming meeting to see if they'll push oil prices higher, or if they'll allow a respite for the summer driving season."

Primerica Promotes Local Representative To Regional Vice President

LBMC Adds Employees To Chattanooga Office

Benjamin Brock Resigns As Astec CEO; Richard Dorris Named


Primerica announced the promotion of Gregory Highwood to Regional Vice President. In making the announcement, Glenn J. Williams, chief executive officer of the company, said, “I am pleased ... (click for more)

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)


Business

Primerica Promotes Local Representative To Regional Vice President

Primerica announced the promotion of Gregory Highwood to Regional Vice President. In making the announcement, Glenn J. Williams, chief executive officer of the company, said, “I am pleased to announce that Gregory Highwood has joined this exceptional group of leaders. His success is a barometer of the number of people that Primerica has helped prepare for a more secure financial ... (click for more)

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)

Breaking News

DA's Office Will Not Prosecute Charges Against Man Who Was Beaten By City Officer

The District Attorney's Office said it will not prosecute charges against a man who was beaten by a city police officer after a traffic stop. The DA is dismissing charges against 37-year-old Fredrico Wolfe. Wolfe was charged in an incident last March 10 with DUI, violating the implied consent law, tampering with evidence, speeding, drug possession and resisting arrest. ... (click for more)

Hamilton County Schools To Close Thursday Due To Expected Ice On Roads

Hamilton County Schools will be closed Thursday due to forecast rain to last through the evening and freezing conditions to follow after 2 a.m. in the higher elevations in the county. Freezing conditions are expected to last until the afternoon in the higher elevations impacting travel in the area. Athletic events will be rescheduled and practices canceled Thursday evening. ... (click for more)

Opinion

Fake News Strikes Again And Again - Response

Two major stories exploded across the headlines this past week which confirm my opinion that the mainstream media (MSM) is biased, incompetent, and can seldom be trusted to impart the news fairly and accurately. The first instance was the BuzzFeed story regarding Michael Cohen and how he allegedly lied on President Trump's behalf to Congress. Virtually all of the big media outlets ... (click for more)

Roy Exum: Has Publix Dried Up?

The legendary Baron of Baseball in Chattanooga was Joe Engel. He was a promoter of such renown his portrait was painted on the toilet in the ball park’s press box “in honor of my friends in the press.” I remember, quite vividly, when Mr. Engel traded a left-handed pitcher for a live turkey. Yes, a real bird in a crate! The best promoter in the majors was Bill Veeck who, quite famously, ... (click for more)