Gas prices fell in Chattanooga for a third consecutive week last week, dropping another 7 cents per gallon to an average $2.01 per gallon, according to GasBuddy’s daily survey of 170 gas outlets in Chattanooga.
Regular gas today is selling as low as $1.91 per gallon locally at Circle K station on Signal Mountain Road.
Chattanooga motorists are enjoying some of the cheapest prices in the country with the price of regular gas in Chattanooga averaging 33 cents per gallon less than the U.S. average and 10 cents a gallon below the statewide average in Tennessee, GasBuddy.com said
Local gas prices were 8.1 cents per gallon below a month ago and were 2.2 cents per gallon lower than a year ago. Prices at the pump, which normally increase as the heavy summer travel season approaches, have uncharacteristically declined this year due to falling oil prices.
“Gasoline prices in much of the country are eroding at a time of year when such a downward fall is anything but par for the course,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. “This year’s usual spring rally has been the weakest in recent memory.”