Average gasoline prices in Chattanooga have risen 3.4 cents per gallon in the last week, averaging $2.96/g today, according to GasBuddy's survey of 170 stations in Chattanooga. Prices in Chattanooga are unchanged versus a month ago and stand 86.8 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.74/g yesterday while the most expensive was $3.49/g, a difference of 75.0 cents per gallon. The lowest price in the state yesterday was $2.60/g while the highest was $3.49/g, a difference of 89.0 cents per gallon.
The national average price of gasoline has risen 2.3 cents per gallon in the last week, averaging $3.29/g today. The national average is down 5.5 cents per gallon from a month ago and stands 97.5 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.
"Oil prices have remained stubbornly strong, touching nearly $80 per barrel last week, pushing gasoline prices higher even as U.S. gasoline demand starts to struggle. Some of this is typical seasonal weakness, but the lack of demand is likely enhanced by omicron cases surging and Americans who are just a bit more hesitant to get out right now," said Patrick De Haan, head of petroleum analysis for GasBuddy.
"In addition, unrest in Kazakhstan, the 18th largest oil producer, is likely leading to impacts on oil production, while continued unrest in Libya also worries markets and overpowers the seasonal drop in gasoline demand. Without improvement or stability in oil producing countries, we're likely to continue to see upward pressure on oil prices."
Historical gasoline prices in Chattanooga and the national average going back ten years:
- January 10, 2021: $2.09/g (U.S. Average: $2.31/g)
- January 10, 2020: $2.26/g (U.S. Average: $2.59/g)
- January 10, 2019: $1.91/g (U.S. Average: $2.25/g)
- January 10, 2018: $2.20/g (U.S. Average: $2.51/g)
- January 10, 2017: $2.09/g (U.S. Average: $2.36/g)
- January 10, 2016: $1.66/g (U.S. Average: $1.97/g)
- January 10, 2015: $1.93/g (U.S. Average: $2.14/g)
- January 10, 2014: $3.06/g (U.S. Average: $3.30/g)
- January 10, 2013: $3.21/g (U.S. Average: $3.31/g)
- January 10, 2012: $3.26/g (U.S. Average: $3.37/g)
Neighboring areas and their current gas prices:
- Knoxville- $3.01/g, up 3.3 cents per gallon from last week's $2.98/g.
- Tennessee- $3.00/g, up 3.5 cents per gallon from last week's $2.97/g.
- Huntsville- $2.95/g, down 1.3 cents per gallon from last week's $2.96/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 and the Lundberg Survey, updated once every two weeks based on a small fraction of U.S. gasoline 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://prices.GasBuddy.com.