Local Gas Prices Increase Over Eight Cents A Gallon At The Pump In The Past Week

Average gasoline prices in Chattanooga have risen 8.5 cents per gallon in the last week, averaging $3.38/g today, according to GasBuddy’s survey of 170 stations in Chattanooga.

Prices in Chattanooga are 72.5 cents per gallon lower than a month ago and stand 61.8 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.95/g yesterday while the most expensive was $3.79/g, a difference of 84.0 cents per gallon. The lowest price in the state yesterday was $2.94/g while the highest was $4.59/g, a difference of $1.65/g.

“Average gasoline prices declined in nearly every state over the last week, while all 50 states saw average diesel prices move lower/ However, the outlook is far from settled. New uncertainty has emerged after Iran suggested the Strait of Hormuz was closed, along with fresh warnings that the U.S. could again strike Iran, developments that could push oil prices higher in the days ahead,” said Patrick De Haan, head of petroleum analysis at GasBuddy…

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