Average gasoline prices in Chattanooga have fallen 14.6 cents per gallon in the last week, averaging $2.55/g today, according to GasBuddy's survey of 170 stations in Chattanooga.
Prices in Chattanooga are 12.3 cents per gallon lower than a month ago and stand 33.9 cents per gallon lower than a year ago.
"With the sharp gas price increases on the West Coast now fading, the national average has dipped slightly over the past week. While some areas are seeing increases, others are experiencing stability or even slight declines, as the bulk of the seasonal transition has yet to significantly impact gasoline prices—certainly good news for motorists," said Patrick De Haan, head of petroleum analysis at GasBuddy.
According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.43/g yesterday while the most expensive was $3.09/g, a difference of 66.0 cents per gallon. The lowest price in the state yesterday was $2.37/g while the highest was $4.11/g, a difference of $1.74/g.
"Oil prices have remained steady in the low $70s, but we continue to monitor key developments, including ongoing talks between the U.S., Russia, and Ukraine on a potential agreement," De Haan added. "However, as we inch closer to March, the typical March madness will eventually take hold, so motorists may want to enjoy the slight decline while it lasts. While I don’t see an abrupt spike in the national average just yet, we’re likely to see upward movement in the weeks ahead."
The national average price of gasoline has fallen 3.8 cents per gallon in the last week, averaging $3.08/g today. The national average is down 4.4 cents per gallon from a month ago and stands 18.2 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 1.6 cents in the last week and stands at $3.648 per gallon.
Historical gasoline prices in Chattanooga and the national average going back ten years:
- February 24, 2024: $2.88/g (U.S. Average: $3.26/g)
- February 24, 2023: $2.93/g (U.S. Average: $3.33/g)
- February 24, 2022: $3.36/g (U.S. Average: $3.57/g)
- February 24, 2021: $2.40/g (U.S. Average: $2.67/g)
- February 24, 2020: $2.12/g (U.S. Average: $2.47/g)
- February 24, 2019: $2.15/g (U.S. Average: $2.39/g)
- February 24, 2018: $2.22/g (U.S. Average: $2.51/g)
- February 24, 2017: $2.03/g (U.S. Average: $2.28/g)
- February 24, 2016: $1.47/g (U.S. Average: $1.71/g)
- February 24, 2015: $2.13/g (U.S. Average: $2.31/g)
Neighboring areas and their current gas prices:
- Knoxville- $2.77/g, down 1.8 cents per gallon from last week's $2.79/g.
- Tennessee- $2.69/g, down 7.8 cents per gallon from last week's $2.77/g.
- Huntsville- $2.75/g, down 4.6 cents per gallon from last week's $2.79/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.