Chattanooga gas prices fell another 8.3 cents per gallon in the past week to some of the lowest inflation-adjusted prices for fuel in history.
The average price of regular gas in Chattanooga dropped to $1.60 per gallon, according to GasBuddy’s daily survey of 170 stations. Gas prices in Chattanooga are 45.4 cents per gallon lower than a month ago and are nearly 85 cents per gallon lower than a year ago.
Gas is priced the cheapest today in Chattanooga at a BP station on Norcross Road, where regular gas is selling for $1.18 a gallon.
But nearly all stations locally are selling gas below the national average price of $1.91 a gallon, GasBuddy analysts said.
Chattanooga gas pricies are the lowest since February 2016 when the average price of fuel locally briefly dropped to only $1.44 a gallon in Chattanooga. Adusted for inflation, today’s average price is within a few pennies of that record low.