Chattanooga gas prices drop again last week
Chattanooga gas prices fell 4.7 cents per gallon in the past week, reversing the price hikes of the previous week, according to GasBuddy’s daily survey of 170 stations in Chattanooga.
Gas prices in Chattanooga started the week averaging averaging $3.07 per gallon for regular fuel, or 33 cents per gallon less than the U.S. average. GasBuddy said Chattanooga fuel prices are still 6.8 cents per gallon higher than a month ago and stand $1.35 per gallon higher than a year ago.
“As the price of oil continues to struggle, Covid cases flare up and anxiety over demand starts rising, motorists are likely to see the declines continuing into this week,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While it’s not known how long market conditions will continue to push gas prices down, it appears that the fall should last through Thanksgiving, just in time for millions of Americans to prepare to hit the road for the holiday.”
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