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Hurricane Laura, Labor Day holiday pushes up Chattanooga area gas prices

Staff photo by Doug Strickland / Richard Evans, who works as VP of Sales for Wirtgen America, fills up his gas tank at Citgo on Friday, April 3, 2015, off of Interstate 24 exit 169 in Dade County, Ga. Evans, who travels frequently between Nashville and his home in Georgia, said he is used to stopping at this exit because he believes the gas is cheaper, but it wouldn't make a difference to him if gas was a little more expensive. The Georgia legislature has passed a bill that will boost gas prices throughout the state, and Dade County is expected to be hurt worse than others.
Staff photo by Doug Strickland / Richard Evans, who works as VP of Sales for Wirtgen America, fills up his gas tank at Citgo on Friday, April 3, 2015, off of Interstate 24 exit 169 in Dade County, Ga. Evans, who travels frequently between Nashville and his home in Georgia, said he is used to stopping at this exit because he believes the gas is cheaper, but it wouldn't make a difference to him if gas was a little more expensive. The Georgia legislature has passed a bill that will boost gas prices throughout the state, and Dade County is expected to be hurt worse than others. Staff photo by Doug Strickland / Richard Evans, who works as VP of Sales for Wirtgen America, fills up his gas tank at Citgo on Friday, April 3, 2015, off of Interstate 24 exit 169 in Dade County, Ga. Evans, who travels frequently between Nashville and his home in Georgia, said he is used to stopping at this exit because he believes the gas is cheaper, but it wouldn't make a difference to him if gas was a little more expensive. The Georgia legislature has passed a bill that will boost gas prices throughout the state, and Dade County is expected to be hurt worse than others.

By Dave Flessner 2 min read

Chattanooga gas prices jumped last week by the steepest weekly rise so far this year due to the storm-related closure of Gulf Coast refineries and anticipated demand from the Labor Day holiday, according to GasBuddy’s daily survey of 170 local service stations released Monday.

But going into the final weekend of the summer, prices at the pump are still 18 cents a gallon below a year ago and Chattanooga fuel prices remain 27 cents a gallon below the U.S. average.

GasBuddy said the average price of a gallon of regular gas in Chattanooga rose 14.1 cents a gallon in the past week to $1.95 per gallon – the highest price since early March.

“Gas prices have reached their highest post-coronavirus level as Hurricane Laura caused Gulf Coast refineries to shut, limiting production as gasoline demand edged higher,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While some may see prices tick higher over the next few days, more decreases are coming to gas prices once Labor Day is over as demand will likely move lower. In addition, the switch back to cheaper winter gasoline will happen in a few weeks, giving more potential downward momentum for prices.”

According to GasBuddy price reports, the cheapest gas in Chattanooga Monday was at the Sam’s Club on Lee Highway, where regular gas sold for $1.67 per gallon.