As motorists prepare for summertime travel, filling up a tank of gasoline in getting cheaper in Chattanooga where the average price of gas is 49 cents a gallon cheaper than the U.S. average, according to the online gas price monitoring service GasBuddy.com.
The average price of regular fuel dropped another 8.1 cents a gallon last week, leaving Chattanooga gas prices an average of 37 cents a gallon cheaper than a year ago, according to GasBuddy’s daily survey of 170 local stations. Gas prices in Chattanooga on Sunday averaged $2.24 per gallon, which is 19.4 cents per gallon lower than a month ago.
Six stations in Ooltewah are selling the cheapest gas in Chattanooga – and among the lowest prices anywhere in Tennessee or Georgia – with regular gas selling today at $2.11 a gallon.
“Last week saw a feat most motorists probably thought they’d never see in June – average gasoline prices declined in nearly every state across the country with the national average now at its lowest point since early April,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “The fall has come amidst a deep drop in oil prices set in to play on worries that tariffs could slow economic growth, reducing oil demand.”
DeHaan said the decline may slow with the trade deal reached with Mexico over the weekend to avoid tariffs that had pushed oil prices down over fears of a slowdown in the economy and trade.