Gas Prices Drop Drop 1.1 Cents In Chattanooga
Monday, June 22, 2020
Chattanooga gas prices have fallen 1.1 cents per gallon in the past week, averaging $1.83 per gallon on Monday, according to GasBuddy's daily survey of 170 stations. Gas prices in Chattanooga are 17.9 cents per gallon higher than a month ago and stand 39.1 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Chattanooga is priced at $1.63 per gallon on Monday while the most expensive is $1.99, a difference of 36.0 cents per gallon.
The lowest price in the state today is $1.49 while the highest is $2.59, a difference of $1.10 per gallon.
The national average price of gasoline has risen 1.5 cents per gallon in the last week, averaging $2.12 per gallon Monday. The national average is up 17.2 cents per gallon from a month ago and stands 52.9 cents per gallon lower than a year ago.
Historical gasoline prices in Chattanooga and the national average going back ten years:
June 22, 2019: $2.22/g (U.S. Average: $2.65/g)
June 22, 2018: $2.54/g (U.S. Average: $2.85/g)
June 22, 2017: $1.91/g (U.S. Average: $2.27/g)
June 22, 2016: $2.06/g (U.S. Average: $2.32/g)
June 22, 2015: $2.50/g (U.S. Average: $2.79/g)
June 22, 2014: $3.40/g (U.S. Average: $3.68/g)
June 22, 2013: $3.29/g (U.S. Average: $3.58/g)
June 22, 2012: $3.06/g (U.S. Average: $3.44/g)
June 22, 2011: $3.38/g (U.S. Average: $3.62/g)
June 22, 2010: $2.49/g (U.S. Average: $2.72/g)
Neighboring areas and their current gas prices:
Knoxville- $1.81, down 1.7 cents per gallon from last week's $1.83.
State of Tennessee- $1.87, up 1.8 cents per gallon from last week's $1.85.
Huntsville- $1.82, up 2.2 cents per gallon from last week's $1.80.
"Gasoline demand has continued to recover over the last week, with a 3% rise in demand versus last week according to data from Pay with GasBuddy, and that continues to push gasoline prices higher as well, for the eighth straight week," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Americans continue to increasingly get in the car as summer progresses, eager not to miss out on the best months of the year, and our data is clear on that. In turn, the resurgence in gasoline demand is also pushing oil prices to their highest level in months, fueling gas prices to rebound as Americans try to find some sense of normalcy amidst the ongoing COVID-19 situation. For now, its likely that we remain on this path of rising prices, but we won't see gas prices snap back to normal for some time yet."