Chattanooga gas prices drop to lowest levels in more than 2 years

Chattanooga fuel prices 31 cents a gallon below U.S. average

Photo by Dave Flessner / Gas prices have dropped by an average of more than 10 cents a gallon in Chattanooga in the past week. The Racetrac station on Lee Highway in Ooltewah is among the lowest priced stations, selling regular gas today at $1.72 a gallon.

The average price of regular gas in Chattanooga dropped 10.5 cents per gallon in the past week to $1.91 a gallon, according to GasBuddy's daily survey of 170 stations. Gas prices in Chattanooga are 33.5 cents per gallon lower than a year ago and at the lowest mid-March levels in four years.

Chattanooga area gas was the cheapest Monday in Ooltewah with regular gas selling at a Racetrack station on Lee Highway for only $1.72 a gallon. But the cheapest gas in Tennessee was in Memphis where one BP station is selling regular gas today at $1.54 per gallon.

"Gas prices are plummeting in every town, city and state with the national average seeing one of its biggest weekly declines in the last decade," said Patrick DeHaan, head of petroleum analysis for GasBuddy.