Gas Prices Drop 6.0 Cents In Chattanooga

Chattanooga gas prices have fallen 6.0 cents per gallon in the past week, averaging $2.18 per gallon, according to GasBuddy's daily survey of 170 stations. Gas prices in Chattanooga are 7.4 cents per gallon lower than a month ago and stand 24.9 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Chattanooga is priced at $2.06 while the most expensive is $2.59, a difference of 53.0 cents per gallon. The lowest price in the state today is $2.08 while the highest is $2.99, a difference of 91.0 cents per gallon.

The cheapest price in the entire country stands at $1.89 while the most expensive is $5.74, a difference of $3.85. 

The national average price of gasoline has fallen 2.0 cents per gallon in the last week, averaging $2.55. The national average is down 0.8 cents per gallon from a month ago and stands 30.4 cents per gallon higher than a year ago.

Historical gasoline prices in Chattanooga and the national average going back ten years:

January 19, 2019: $1.93/g (U.S. Average: $2.25/g)
January 19, 2018: $2.25/g (U.S. Average: $2.53/g)
January 19, 2017: $2.07/g (U.S. Average: $2.32/g)
January 19, 2016: $1.59/g (U.S. Average: $1.88/g)
January 19, 2015: $1.83/g (U.S. Average: $2.05/g)
January 19, 2014: $3.06/g (U.S. Average: $3.28/g)
January 19, 2013: $3.17/g (U.S. Average: $3.30/g)
January 19, 2012: $3.25/g (U.S. Average: $3.38/g)
January 19, 2011: $2.94/g (U.S. Average: $3.10/g)
January 19, 2010: $2.66/g (U.S. Average: $2.72/g) 

Neighboring areas and their current gas prices:
Knoxville- $2.30, down 6.0 cents per gallon from last week's $2.36.
State of Tennessee- $2.27, down 5.0 cents per gallon from last week's $2.32.
Huntsville- $2.35, down 1.6 cents per gallon from last week's $2.37.

"With oil prices sagging lately, the door has been opened for a notable decline in U.S. gasoline prices, and that's exact what has happened, with more declines likely coming ahead of us before the fun is over," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "The Midwest has been the largest beneficiary of seasonal effects thus far with prices in several areas there declining upwards of 10-15 cents per gallon. The rest of the country will follow lower for the time being as demand for gasoline remains abysmal and the fuel being produced today will have to eventually be purged from the system over the next few months as refiners begin the transition to summer gasoline."