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Gas prices rise at slower pace

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The average retail price of regular gas in Chattanooga rose another penny a gallon last week, pushing up the average price of gas by 16.2 cents from the average price a month ago, according to GasBuddy’s daily survey of 170 gas outlets in Chattanooga.

But at $2.15 per gallon, the average Chattanooga price of regular gas was still $1.01 less than it was a year ago and 31 cents per gallon less than the current U.S. average.

Gas prices are rising at a slower pace in Chattanooga than the country as a whole and price increases in the past week were the lowest since gas prices began rising two months ago.

“Drivers are finally getting a break from the big rise in gasoline prices,” Patrick DeHaan, senior petroleum analyst with GasBuddy, said in a report released today. “Gas prices have finally starting to cool off after coming into March like a lion; we can only hope they go out like a lamb.”

DeHaan said he expects that the national average price of gas will continue to cool off in the week ahead, led lower by relief hitting pumps in the West.

Lowest Gas Prices in Chattanooga
Chattanooga Gas Prices provided by GasBuddy.com