Chattanooga gas prices have fallen 3.3 cents per gallon in the past week, averaging $2.80/g today, according to GasBuddy's daily survey of 170 stations in Chattanooga. Gas prices in Chattanooga are 4.8 cents per gallon higher than a month ago and stand 88.6 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Chattanooga is priced at $2.63/g today while the most expensive is $3.19/g, a difference of 56.0 cents per gallon. The lowest price in the state today is $2.09/g while the highest is $3.49/g, a difference of $1.40/g.
The national average price of gasoline has risen 0.5 cents per gallon in the last week, averaging $3.13/g today. The national average is up 5.0 cents per gallon from a month ago and stands 93.7 cents per gallon higher than a year ago.
"While the national average has seen a slight rise over the last week, we may see some stabilization coming to the pump as oil prices hold just under their 2021 peak from last week," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Without additional crude oil supply coming online in the weeks ahead, we could see oil test $80 per barrel in the next couple of weeks. However, with U.S. gasoline demand falling slightly last week, we may have already seen peak consumption with the July 4 holiday. While the jury isn't quite in on that just yet, we're potentially only 4-6 weeks away from gas prices beginning a seasonal decline that we're likely all eagerly awaiting."
Historical gasoline prices in Chattanooga and the national average going back ten years:
- July 12, 2020: $1.92/g (U.S. Average: $2.19/g)
- July 12, 2019: $2.47/g (U.S. Average: $2.79/g)
- July 12, 2018: $2.55/g (U.S. Average: $2.89/g)
- July 12, 2017: $1.90/g (U.S. Average: $2.25/g)
- July 12, 2016: $1.86/g (U.S. Average: $2.21/g)
- July 12, 2015: $2.40/g (U.S. Average: $2.76/g)
- July 12, 2014: $3.29/g (U.S. Average: $3.62/g)
- July 12, 2013: $3.31/g (U.S. Average: $3.56/g)
- July 12, 2012: $3.02/g (U.S. Average: $3.38/g)
- July 12, 2011: $3.45/g (U.S. Average: $3.63/g)
Neighboring areas and their current gas prices:
- Knoxville- $2.88/g, up 0.4 cents per gallon from last week's $2.87/g.
- Tennessee- $2.85/g, unchanged from last week's $2.85/g.
- Huntsville- $2.78/g, up 0.6 cents per gallon from last week's $2.77/g.
GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA's once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.