Gas Prices Rise 2.7 Cents In Chattanooga

Chattanooga gas prices have risen 2.7 cents per gallon in the past week, averaging $2.27 per gallon on Monday, according to GasBuddy's daily survey of 170 stations. Gas prices in Chattanooga are 15.6 cents per gallon higher than a month ago, yet stand 30.5 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Chattanooga is priced at $2.14 on Monday while the most expensive is $2.59, a difference of 45.0 cents per gallon.

The lowest price in the state is $2.14 while the highest is $2.99, a difference of 85.0 cents per gallon. The cheapest price in the entire country on Monday stands at $1.89 while the most expensive is $5.49, a difference of $3.60 per gallon.

The national average price of gasoline has fallen 2.4 cents per gallon in the last week, averaging $2.63/g today. The national average is up 6.5 cents per gallon from a month ago, yet stands 25.1 cents per gallon lower than a year ago.

Historical gasoline prices in Chattanooga and the national average going back a decade:
October 14, 2018: $2.58/g (U.S. Average: $2.88/g)
October 14, 2017: $2.21/g (U.S. Average: $2.46/g)
October 14, 2016: $2.06/g (U.S. Average: $2.24/g)
October 14, 2015: $1.95/g (U.S. Average: $2.30/g)
October 14, 2014: $2.87/g (U.S. Average: $3.17/g)
October 14, 2013: $3.10/g (U.S. Average: $3.33/g)
October 14, 2012: $3.50/g (U.S. Average: $3.79/g)
October 14, 2011: $3.27/g (U.S. Average: $3.44/g)
October 14, 2010: $2.66/g (U.S. Average: $2.81/g)
October 14, 2009: $2.24/g (U.S. Average: $2.46/g)

Neighboring areas and their current gas prices:
Knoxville- $2.26, down 2.6 cents per gallon from last week's $2.29.
State of Tennessee- $2.33, up 1.2 cents per gallon from last week's $2.32.
Huntsville- $2.33, down 0.4 cents per gallon from last week's $2.34.

"As expected, the national average has reverted to declining in the midst of resolution to refinery issues in the West Coast, while lower demand also weighs on oil prices, leading to modest relief in some areas of the country," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "While a partial trade deal with China may temporarily interrupt continued relief, the devil will be in the details- will any potential trade deal lead to solid expectations for economic growth in the U.S.? If so, then expect oil prices to follow to higher ground, before taping off after new optimism brings a small rally to oil, but if the latest talk of a trade deal is believed to be more like lipstick on a pig, then I expect gas prices will continue to decline. Either way- one thing holds true no matter if there's a trade deal or not- and that's that California motorists will see relief in the weeks ahead after refinery issues have abated."