
Average gasoline prices in Chattanooga have fallen 7.6 cents per gallon in the last week, averaging $2.64/g today, according to GasBuddy's survey of 170 stations in Chattanooga.
Prices in Chattanooga are 4.1 cents per gallon higher than a month ago and stand 10.9 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.33/g yesterday while the most expensive was $3.29/g, a difference of 96.0 cents per gallon. The lowest price in the state yesterday was $2.29/g while the highest was $3.89/g, a difference of $1.60/g.
"Oil prices have declined over the last week following President Trump's speech at the World Economic Forum, where he urged Saudi Arabia to lower oil prices by restoring production. The downturn in oil has caused gas prices to stabilize for the time being, with crude now more than $5 per barrel below where it was a couple of weeks ago," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"As we approach the February 1 deadline for potential U.S. tariffs on Canada and Mexico— key sources of crude oil imports— we'll be monitoring for any potential impact, including the possibility of retaliatory tariffs," De Haan added. "For now, I remain hopeful that tariffs won't materialize, and gas prices could stay relatively stable over the next few weeks, at least until the seasonal rise in prices begins in mid-to-late February."
The national average price of gasoline has fallen 0.9 cents per gallon in the last week, averaging $3.08/g today. The national average is up 6.5 cents per gallon from a month ago and stands 1.8 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. The national average price of diesel has increased 4.4 cents in the last week and stands at $3.650 per gallon.
Historical gasoline prices in Chattanooga and the national average going back ten years:
- January 27, 2024: $2.75/g (U.S. Average: $3.10/g)
- January 27, 2023: $3.29/g (U.S. Average: $3.50/g)
- January 27, 2022: $3.05/g (U.S. Average: $3.36/g)
- January 27, 2021: $2.12/g (U.S. Average: $2.41/g)
- January 27, 2020: $2.14/g (U.S. Average: $2.50/g)
- January 27, 2019: $1.98/g (U.S. Average: $2.25/g)
- January 27, 2018: $2.35/g (U.S. Average: $2.58/g)
- January 27, 2017: $2.02/g (U.S. Average: $2.27/g)
- January 27, 2016: $1.55/g (U.S. Average: $1.83/g)
- January 27, 2015: $1.81/g (U.S. Average: $2.03/g)
Neighboring areas and their current gas prices:
- Knoxville- $2.74/g, down 1 cent per gallon from last week's $2.75/g.
- Tennessee- $2.73/g, down 4.5 cents per gallon from last week's $2.77/g.
- Huntsville- $2.78/g, up 1.1 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. 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's averages, graphs, maps and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.