Average gasoline prices in Chattanooga have risen 9.8 cents per gallon in the last week, averaging $2.68 per gallon on Monday, according to GasBuddy's survey of 170 stations in Chattanooga. Prices in Chattanooga are 5.7 cents per gallon higher than a month ago and stand 14.4 cents per gallon higher than a year ago. The national average price of diesel has increased 1.5 cents in the last week and stands at $3.488 per gallon.
According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.45 on Sunday while the most expensive was $3.09, a difference of 64.0 cents per gallon.
The lowest price in the state on Sunday was $2.38 while the highest was $3.89, a difference of $1.51.
The national average price of gasoline has risen 5.6 cents per gallon in the last week, averaging $3.03 per gallon on Monday. The national average is up 3.0 cents per gallon from a month ago and stands 2.9 cents per gallon lower 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:
January 6, 2024: $2.54/g (U.S. Average: $3.06/g)
January 6, 2023: $2.91/g (U.S. Average: $3.27/g)
January 6, 2022: $2.98/g (U.S. Average: $3.31/g)
January 6, 2021: $2.03/g (U.S. Average: $2.30/g)
January 6, 2020: $2.30/g (U.S. Average: $2.59/g)
January 6, 2019: $1.79/g (U.S. Average: $2.22/g)
January 6, 2018: $2.17/g (U.S. Average: $2.49/g)
January 6, 2017: $2.09/g (U.S. Average: $2.37/g)
January 6, 2016: $1.68/g (U.S. Average: $2.00/g)
January 6, 2015: $1.97/g (U.S. Average: $2.18/g)
Neighboring areas and their current gas prices:
Knoxville- $2.74, up 19.3 cents per gallon from last week's $2.54.
State of Tennessee- $2.72, up 8.5 cents per gallon from last week's $2.64.
Huntsville- $2.74, up 2.6 cents per gallon from last week's $2.71.
"Oil prices have surged to nearly $74 per barrel, the highest level in months, driven by optimism that China's recent economic policy shifts could boost oil demand, resulting in one of the largest weekly climbs in U.S. gas prices in months," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While the national average dipped below $3 per gallon for a few days in recent weeks, those days are likely behind us. GasBuddy's 2025 Fuel Outlook, released last week, forecasts continued slight increases at the pump in the weeks ahead, before the larger seasonal spike begins in mid-to-late February and lasts through spring."