Average gasoline prices in Chattanooga have risen 28.1 cents per gallon in the last week, averaging $3.28/g today, according to GasBuddy’s survey of 170 stations in Chattanooga.
Prices in Chattanooga are 81.9 cents per gallon higher than a month ago and stand 71.6 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.99/g yesterday while the most expensive was $3.57/g, a difference of 58.0 cents per gallon. The lowest price in the state yesterday was $2.37/g while the highest was $4.59/g, a difference of $2.22/g.
“Consumers continue to feel the sting of rising oil, gasoline, and diesel costs as geopolitical tensions in the Middle East remain elevated, pushing gasoline prices to their highest levels in years while diesel could soon approach the $5-per-gallon mark nationally,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Until we see a meaningful resumption of oil flows through the Strait of Hormuz, upward pressure on fuel prices is likely to persist. At the same time, seasonal forces are beginning to intensify as several regions complete the transition to summer gasoline, creating a double headwind that could continue driving pump prices higher in the weeks ahead.”…