Gas Prices Rise 0.7 Cents In Chattanooga

  • Monday, October 3, 2022
Average gasoline prices in Chattanooga have risen 0.7 cents per gallon in the last week, averaging $3.05 per gallon on Monday, according to GasBuddy's survey of 170 stations in Chattanooga. Prices in Chattanooga are 17.9 cents per gallon lower than a month ago and stand 27.0 cents per gallon higher than a year ago. The national average price of diesel has declined 2.9 cents in the last week and stands at $4.86 per gallon.

According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.73 per gallon on Sunday while the most expensive was $3.39, a difference of 66.0 cents per gallon.
The lowest price in the state was $2.34 while the highest was $3.99, a difference of $1.65 per gallon.

The national average price of gasoline has risen 11.1 cents per gallon in the last week, averaging $3.78 per gallon on Monday. The national average is up 0.4 cents per gallon from a month ago and stands 59.8 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Chattanooga and the national average going back ten years:
October 3, 2021: $2.78/g (U.S. Average: $3.18/g)
October 3, 2020: $1.81/g (U.S. Average: $2.17/g)
October 3, 2019: $2.25/g (U.S. Average: $2.67/g)
October 3, 2018: $2.60/g (U.S. Average: $2.91/g)
October 3, 2017: $2.41/g (U.S. Average: $2.52/g)
October 3, 2016: $2.11/g (U.S. Average: $2.22/g)
October 3, 2015: $1.94/g (U.S. Average: $2.29/g)
October 3, 2014: $3.06/g (U.S. Average: $3.31/g)
October 3, 2013: $3.10/g (U.S. Average: $3.36/g)
October 3, 2012: $3.51/g (U.S. Average: $3.78/g)

Neighboring areas and their current gas prices:
Knoxville- $3.16, down 2.1 cents per gallon from last week's $3.19.
State of Tennessee- $3.16, up 2.0 cents per gallon from last week's $3.14.
Huntsville- $3.16, down 3.3 cents per gallon from last week's $3.19. 

"With gas prices continuing to surge on the West Coast and Great Lakes, the national average saw its second straight weekly rise. But at the same time, areas of the Northeast and Gulf Coast have continued to see declines as the the nation experiences sharp differences in trends between regions," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Some West Coast states saw prices rise 35 to 55 cents per gallon in the last week as refinery issues continued to impact gasoline supply, which fell to its lowest level in a decade in the region, causing prices to skyrocket. While I'm hopeful there will eventually be relief, prices could go a bit higher before cooling off. In addition, OPEC could decide to cut oil production by a million barrels as the global economy slows down, potentially creating a catalyst that could push gas prices up further."
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